A group of doctors join abortion rights supporters at a rally outside the supreme court in Washington on Wednesday. Photograph: Andrew Harnik/Getty Images View image in fullscreen A group of doctors join abortion rights supporters at a rally outside the supreme court in Washington on Wednesday. Photograph: Andrew Harnik/Getty Images Explainer What’s at stake in […]
Tesla’s stock (TSLA) surged 12% today, one of its best days in a long time, as Elon Musk tries to position Tesla to ride the artificial intelligence wave. In a rare occurrence, Tesla had a pretty bad miss on expectations for both revenue and earnings with its financial results in Q1 2024. Despite the miss, […]
Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024. Ford shifts EV strategy amid sales upswing Despite EV sales surging 86% to 20,233 in the first three months of 2024, Ford is pulling back. All Ford electric […]
Tesla now says that it expects its own 4680 battery cells to become cheaper than those coming from suppliers by the end of the year. 4680 is a new cell format enabled by new technologies, like tabless cells, developed by Tesla. It was first unveiled in 2020 with promises of enabling significantly lower cost, more […]
Midlife women’s health clinic Midi Health announced it secured $60 million in a Series B funding round led by Emerson Collective, bringing its total raise to $100 million. GV (Google Ventures), who led the company’s $25 million Series A round announced in September, participated in the round. SemperVirens, Icon Ventures, Felicis, Gingerbread Capital, Steel Sky […]
Rivian wants to shake up the industry with its next-generation R2 electric vehicle. Starting at around $45,000, the R2 is expected to open up a new market of buyers. How does Rivian plan to keep its rugged luxury feel at a lower price? The company’s design boss explains. Rivian R2 design challenges present unique opportunity […]
Rendering: New York Port Authority New York State’s largest onsite solar plus storage project – a solar carport canopy at JFK International Airport – has begun construction. Once the solar carport comes online, it will help power the AirTrain and reduce electricity costs for residents of low-income neighborhoods in Queens. The solar carport will be […]
Xaira Therapeutics, an AI-enabled drug discovery and development company, announced its launch with more than $1 billion in capital. The biotechnology company is a joint incubation by ARCH Venture Partners and Foresite Labs, the lead investors in the funding round. Lux Capital, Two Sigma Ventures, F-Prime, Rsquared, SV Angel, Menlo Ventures, Sequoia Capital, NEA, the […]
Today’s Green Deals are lead by the fourth official discount on the GoTrax Everest Electric Dirt Bike that is back at $500 off. It is joined by the first official discounts on Goal Zero’s newest power stations, the Yeti 300, 500, and 700 models that start from $240, as well as dual one-day Best Buy […]
Alaffia Health, which creates genAI solutions for health insurance claims, secured $10 million in Series A funding, bringing its total raise to $17.6 million. FirstMark Capital led the funding round with participation from GingerBread Capital and existing investors Aperture Venture Capital, Anthemis, 1984 Ventures, Tau Ventures and Remarkable Ventures. Amish Jani, founder and partner of […]
