Tesla Model 3 is ‘just a smaller, more affordable’ Model S, says Elon Musk

 The Tesla Model 3 is not a product iteration along the lines of successive iPhones, Elon Musk clarified on Twitter on Friday. Instead, it’s a “smaller model affordable versions of Model S” with less range, less power and fewer features, according to the Tesla CEO. The Model S is still going to be the leader in terms of it technological capabilities – so think more iPhone… Read More

Drivemode raises $6.5M from Panasonic and others for smartphone car tech

 If you’re an Android device owner and also a driver, you may already be familiar with Drivemode: It’s one of the most popular apps for use in cars on Google Play, with over one million app downloads and active users spread across 180 countries. The app is designed to reduce distractions for drives via an eyes-free interface designed to access smartphone functions like navigation… Read More

DeepScale raises $3 million for perception AI to make self-driving cars safe

 Automakers are scrambling to develop cars with advanced driver-assistance systems that are so good they’re “crash-proof,” or fully autonomous vehicles, each safer than the next. But automakers are somewhat limited by the computational resources onboard their vehicles. DeepScale has raised $3 million to help automakers use low-wattage processors to power more accurate perception. Read More

Equity podcast: The return of IPOs and Tesla’s billion-dollar bet

 One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More

Google’s fight with Uber over self-driving cars is heating up

 Google’s legal battle with Uber over the development of self-driving cars is already off to an ugly start. Lawyers for the two tech firms spent the last two days bickering over which attorneys should be allowed to view the trade secrets Google claims were stolen by their former employees who went to work at Uber, and a lawyer for Uber said today in court that the company has been unable… Read More

The Lucid Air electric car starts at just $60,000 – before tax credit

 Lucid’s first electric vehicle doesn’t cost what you think it does – the company revealed basic pricing information for the Air on its blog, basically just to mute speculation that its price tag would begin north of $100,000. The Lucid Air’s actual price will start at $60,000, hitting $52,500 once you apply the federal tax credit for EV buyers. That’s for the… Read More

Uber’s new in-app navigation is designed specifically for Uber drivers

 Uber’s driver-facing app is getting big changes to its navigation experience, something Uber is doing to try to help make it easier for drivers to do their job without having to worry too much about switching apps or trusting navigations software designed primarily for consumer use. The new Uber navigation experience is an upgrade from what was available in the iOS driver app previously,… Read More

Lucid Motors and Local Motors will tell us how to make modern cars at Disrupt NY 2017

 The auto industry is one of the hardest to break into as a vehicle maker, so it’s great that we have two young companies working in that space on stage at Disrupt NY 2017 in May to talk us through the process of being new in a field where the dominant players haven’t changed much in almost a century. Lucid Motors, makers of the forthcoming Lucid Air luxury electric sedan, and… Read More