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Electric jet company Lilium partners with Palantir

Teslarati

An electric jet startup company, Lilium, has partnered with software giant Palantir to introduce what they think is the future of mobility. Over the past ten years, there has been an explosion in the number of companies looking to offer personal electric aircraft to the masses. Shoot me an email at william@teslarati.com.

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How the IBM PC Won, Then Lost, the Personal Computer Market

Cars That Think

On 12 August 1981, at the Waldorf Astoria Hotel in midtown Manhattan, IBM unveiled the company's entrant into the nascent personal computer market: the IBM PC. The personal computer vastly expanded the number of people and organizations that used computers. Other companies, including Apple and Tandy Corp. IBM CEO Frank T.

Personal 145
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U.S. Senator calls for SEC to investigate Tesla Board for ‘failure to manage’ Elon Musk

Teslarati

.” Warren penned a letter on Thursday morning that aims to raise awareness of Musk’s actions since purchasing Twitter, now called X, and the Tesla Board’s failure “to uphold its legal duty to ensure that Mr. Musk acts in the best interest of Tesla.” The concerns about Mr.

Tesla 111
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In Tesla Autopilot probe, US prosecutors focus on securities, wire fraud – ET Auto

Baua Electric

Last October, it disclosed in a filing that the Justice Department had asked the company for information about Autopilot and Full Self-Driving. Tesla videos demonstrating the technology that remain archived on its website say: “The person in the driver’s seat is only there for legal reasons. He is not doing anything.

Auto 52
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SEC charges Volkswagen AG, former CEO Winterkorn with defrauding bond investors during emissions fraud

Green Car Congress

The US Securities and Exchange Commission charged Volkswagen AG, two of its subsidiaries, and its former CEO, Martin Winterkorn, for defrauding US investors, raising billions of dollars through the corporate bond and fixed income markets while making a series of deceptive claims about the environmental impact of the company’s “clean diesel” fleet.

Emissions 191
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Bridgestone to acquire TomTom’s telematics business for $1B in cash

Green Car Congress

Bridgestone Corporation announced that its subsidiary Bridgestone Europe NV/SA, has entered into an agreement with TomTom to acquire TomTom Telematics, its digital fleet solutions business, for a cash consideration of €910 million (US$1.034 billion). —Harold Goddijn, CEO, TomTom.

Fleet 186
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Avis Budget group to acquire car-sharing company Zipcar in cash deal for approximately $500 million

Green Car Congress

Rental car company Avis Budget Group, Inc. has agreed to acquire car-sharing company Zipcar for $12.25 The Boards of Directors of both companies unanimously approved the transaction, and Zipcar shareholders representing approximately 32% of the outstanding common stock have agreed to vote their shares in support of the transaction.

Companies 218