Tesla Starts New Round of Supply Chain Audits in China for Optimus
Tesla’s push to build robots at scale has reached the factory floors of its Chinese suppliers. A Tesla team landed in Ningbo on September 16 and began a new round…
Wayve Hires Waymo’s Former Finance Chief to Run Its Next Expansion
Wayve announced on September 16 that it had hired Elisa de Martel, the former chief financial officer of Waymo, for the same role, and that its current CFO, Max Warburton,…
A Musk Backer Hands SpaceX Shares Directly to Its Fund Investors
The transaction was quiet by design. A filing with the Securities and Exchange Commission showed that Valor Equity Partners, the investment firm founded by Antonio Gracias, had transferred 8.5 percent…
McKinsey Says U.S. Chip Industry Faces a 157,000-Worker Shortfall
The factories are funded, the subsidies are in place, and the chips are designed. What is missing, according to a report McKinsey published with the SEMI Foundation on September 17,…
Lucid Teams With Bolt to Put 25,000 Robotaxis on European Roads
The announcement came on September 17, and it was the first big external deal Lucid had signed since Silvio Napoli took over as chief executive and cut nearly 30 percent…
Snap Recruits Nvidia and Amazon to Sell Its AR Glasses to Business
Evan Spiegel opened with a correction. Standing before a room of partners on September 16, the Snap chief executive said the company needed people to understand that Specs, its $2,195…
Arm’s Chief Says a $2 Billion Custom-Chip Target Is Within Reach
Rene Haas chose a television studio for the message. Appearing on CNBC’s “Mad Money” on the evening of September 16, the Arm chief executive said he feels “good” about the…
Amazon Takes Generac Warrants in a Bet on Backup Power
The filing appeared on the evening of September 16, after the market had closed. Generac Holdings, the Wisconsin company that built its name selling standby generators to homeowners, disclosed that…
Google Loses Key Ruling in U.S. Advertising-Technology Antitrust Case
The judge’s language left little room for ambiguity. In the United States’ antitrust case against Google over its advertising-technology business, the U.S. District Court for the Eastern District of Virginia…
U.S. Trade Panel Opens Patent Probe Into Apple, Samsung, Google
The notice ran to a single page and named three of the largest consumer-electronics companies in the world in one breath. On September 16, the U.S. International Trade Commission said…
