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Air Taxi Firm Archer Sees More Defense Demand in Short Term

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

June 16, 2025

Autonomous Truck Firm Plus to Go Public Via Churchill SPAC

Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.

June 11, 2025

Musk Moves Tesla’s Robotaxi Launch ‘Tentatively’ to June 22

Elon Musk says Tesla is “tentatively†set to begin providing robotaxi service in Austin, Texas, on June 22.

June 11, 2025

Tesla, Musk Tease Robotaxi Launch With Driverless Demo

Tesla executives including Elon Musk promoted a video of one of its vehicles driving in Austin with nobody behind the wheel, hinting that it’s close to launching its robotaxi service there.

June 10, 2025

Tesla Plunges After Trump-Musk Conflict Erupts

Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.

June 5, 2025

Walmart Enhances Drone Delivery in Attempt to Speed Up Orders

Walmart is adding drone delivery in five new cities in a bid to expand online sales and get goods to shoppers faster.

June 5, 2025

Joby Considers Air Taxi Deal Worth Up to $1 Billion

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

June 3, 2025

Uber Promotes Company Veteran to Chief Operating Officer

Uber Technologies named longtime executive Andrew Macdonald its first chief operating officer since 2019, part of an executive shake-up that includes the departure of the company’s top delivery leader.

June 2, 2025

Tesla Targets June 12 Rollout of Robotaxi Service in Austin

Tesla is poised to begin its long-awaited robotaxi service in Austin, Texas, on June 12, according to a person familiar with the matter.

May 28, 2025