An in-depth new report from Politico determined that the Department of Government Efficiency (aka DOGE) has actually saved far less than it’s claimed. So, despite spending the last six months cancelling research grants, federal contracts, and firing federal employees across the country, DOGE has fallen far behind the savings promised by Elon Musk.
So far, DOGE has claimed $205 billion in total savings since President Donald Trump’s inauguration, according to its public “wall of receipts.”
However, Politico reports that the wall of receipts is sorely lacking in, well, some important receipts.
DOGE claims it has saved taxpayers $52.8 billion from canceled contracts, but Politico could only verify $32.7 billion worth of contracts. What’s worse is that, per Politico, the actual, tangible savings from those cancellations are closer to $1.4 billion. That’s because DOGE uses some creative accounting to “exaggerate” the total savings. We’ll get to that in a minute.
In other words, Politico reported that DOGE only saved about 2.6 percent of its claimed savings from cancelled contracts. Crucially, as Politico pointed out, none of that money can be taken off the federal deficit (which DOGE is supposed to be reducing) without Congressional intervention, as those dollars just get returned to the agencies.
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Politico’s lengthy report is worth digging into, as it has all the technical details of how DOGE is using “faulty math” to come up with these numbers. When calculating savings, DOGE reports the maximum possible spending amount of each contract, not the actual or planned spending.
This has actually been a known problem with DOGE’s accounting since February. Often, experts use the analogy of a credit card limit to explain the limits of this approach. If you cancel a credit card with a $1 million limit, that doesn’t mean you’ve saved $1 million.
Politico’s report said that DOGE’s claimed savings are “drastically exaggerated,” and that “the magnitude of DOGE’s inflated savings claims has not been clear until now.”
The Trump administration told Politico in response to their story that the agency produced “historic savings for the American people,” and that DOGE’s public list of claimed savings is accurate and “updated in real time based on current information.”
These questions about DOGE’s exaggerated numbers may not surprise anyone who has been following along with Musk’s shenanigans since January. Musk, who officially left his post at DOGE earlier this year, initially claimed that the agency would save the government $2 trillion before quickly revising that goal down to $150 billion in April.
DOGE’s cuts have undoubtedly been effective in shuttering some government services, slashing foreign aid, and cutting $125 million in funding to support LGBTQ health initiatives.
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#DOGE #sketchy #accounting #drastically #exaggerate #savings #report
“We are in development for a purpose-built, wheelchair-accessible autonomous vehicle,” Tesla senior policy advisor India Herdman told members of the DC City Council on Monday, during a hearing focused on a controversial bill that could allow robotaxi services to operate in the District. “We know that paratransit can be very difficult, and people who are confined to wheelchairs permanently should still be able to move around freely, so that is an active product being built by Tesla in Texas,” she said.
Tesla didn’t respond to a request for comment. Herdman provided no further details about when a wheelchair-accessible product might be available. The electric automaker often takes several years to manufacture its announced products.
Tesla operates a small fleet of autonomous vehicles in the Texas cities of Austin, Dallas, and Houston and, as of this month, in Miami, Florida. (It also operates a service that uses human drivers in the San Francisco Bay Area.) The limited fleet uses Tesla Model Y, a compact SUV that is not wheelchair accessible.
The company has started to manufacture and test a purpose-built Cybercab, meant exclusively for autonomous driving and without steering wheels or pedals. These Cybercabs are not wheelchair accessible, though Tesla highlighted in an X post this month its accessibility features, including braille lettering on controls and wheelchair-height seating to allow for easier transfers.
Tesla and its CEO, Elon Musk, have hinted previously at a wheelchair-accessible autonomous vehicle. The company introduced an accessibility tab in its Robotaxi app last fall, though it directs users to other wheelchair-accessible ride providers in the area, rather than to Tesla’s own service. “We are working on accessible rides,” the app says. In response to an X user’s post last fall about Tesla working on accessible rides, Musk responded, “Absolutely.”
No US robotaxi company currently offers fleetwide driverless, wheelchair-accessible rides, including market leader Waymo. At the DC hearing on Monday, Waymo regional head of state and local policy Matt Walsh said, “To date, it’s my understanding that we haven’t been able to identify a platform that is fully wheelchair-accessible while also meeting the unique specifications to retrofit that vehicle with our technology.” He continued: “Now, I don’t want that to sound like a cop-out. We are trying to find that vehicle.”
Waymo has touted the accessibility features of its newest vehicle, the Zeekr-built Ojai, including its flat floor, low step-in height, and grab bars. But it is not wheelchair accessible. Michigan-based Ann Arbor autonomous-vehicle developer May Mobility offers rides in wheelchair-accessible vehicles in some of its markets, with a human operator on board to help deploy necessary ramps.
The Americans With Disabilities Act prohibits discrimination against people with disabilities in transportation services and requires reasonable modifications to provide equal access. Some but not all US cities require ride-hailing companies to provide wheelchair-accessible services. Many of those companies provide those rides through partnerships with specialized fleets made up of wheelchair-accessible vehicles.
In September 2025, the US Department of Justice sued Uber for “refusing to reasonably modify its policies, practices, or procedures where necessary to avoid discriminating against riders with disabilities.” The case is being litigated.
“We are in development for a purpose-built, wheelchair-accessible autonomous vehicle,” Tesla senior policy advisor India Herdman told members of the DC City Council on Monday, during a hearing focused on a controversial bill that could allow robotaxi services to operate in the District. “We know that paratransit can be very difficult, and people who are confined to wheelchairs permanently should still be able to move around freely, so that is an active product being built by Tesla in Texas,” she said.
Tesla didn’t respond to a request for comment. Herdman provided no further details about when a wheelchair-accessible product might be available. The electric automaker often takes several years to manufacture its announced products.
Tesla operates a small fleet of autonomous vehicles in the Texas cities of Austin, Dallas, and Houston and, as of this month, in Miami, Florida. (It also operates a service that uses human drivers in the San Francisco Bay Area.) The limited fleet uses Tesla Model Y, a compact SUV that is not wheelchair accessible.
The company has started to manufacture and test a purpose-built Cybercab, meant exclusively for autonomous driving and without steering wheels or pedals. These Cybercabs are not wheelchair accessible, though Tesla highlighted in an X post this month its accessibility features, including braille lettering on controls and wheelchair-height seating to allow for easier transfers.
Tesla and its CEO, Elon Musk, have hinted previously at a wheelchair-accessible autonomous vehicle. The company introduced an accessibility tab in its Robotaxi app last fall, though it directs users to other wheelchair-accessible ride providers in the area, rather than to Tesla’s own service. “We are working on accessible rides,” the app says. In response to an X user’s post last fall about Tesla working on accessible rides, Musk responded, “Absolutely.”
No US robotaxi company currently offers fleetwide driverless, wheelchair-accessible rides, including market leader Waymo. At the DC hearing on Monday, Waymo regional head of state and local policy Matt Walsh said, “To date, it’s my understanding that we haven’t been able to identify a platform that is fully wheelchair-accessible while also meeting the unique specifications to retrofit that vehicle with our technology.” He continued: “Now, I don’t want that to sound like a cop-out. We are trying to find that vehicle.”
Waymo has touted the accessibility features of its newest vehicle, the Zeekr-built Ojai, including its flat floor, low step-in height, and grab bars. But it is not wheelchair accessible. Michigan-based Ann Arbor autonomous-vehicle developer May Mobility offers rides in wheelchair-accessible vehicles in some of its markets, with a human operator on board to help deploy necessary ramps.
The Americans With Disabilities Act prohibits discrimination against people with disabilities in transportation services and requires reasonable modifications to provide equal access. Some but not all US cities require ride-hailing companies to provide wheelchair-accessible services. Many of those companies provide those rides through partnerships with specialized fleets made up of wheelchair-accessible vehicles.
In September 2025, the US Department of Justice sued Uber for “refusing to reasonably modify its policies, practices, or procedures where necessary to avoid discriminating against riders with disabilities.” The case is being litigated.
#Tesla #Building #WheelchairAccessible #Robotaxitesla,disability,accessibility,cars,self-driving cars,autonomous vehicles,elon musk,electric vehicles">Tesla Says It’s Building a Wheelchair-Accessible Robotaxi
Tesla is building a wheelchair-accessible autonomous vehicle, a Tesla representative told lawmakers in Washington, DC, on Monday.
“We are in development for a purpose-built, wheelchair-accessible autonomous vehicle,” Tesla senior policy advisor India Herdman told members of the DC City Council on Monday, during a hearing focused on a controversial bill that could allow robotaxi services to operate in the District. “We know that paratransit can be very difficult, and people who are confined to wheelchairs permanently should still be able to move around freely, so that is an active product being built by Tesla in Texas,” she said.
Tesla didn’t respond to a request for comment. Herdman provided no further details about when a wheelchair-accessible product might be available. The electric automaker often takes several years to manufacture its announced products.
Tesla operates a small fleet of autonomous vehicles in the Texas cities of Austin, Dallas, and Houston and, as of this month, in Miami, Florida. (It also operates a service that uses human drivers in the San Francisco Bay Area.) The limited fleet uses Tesla Model Y, a compact SUV that is not wheelchair accessible.
The company has started to manufacture and test a purpose-built Cybercab, meant exclusively for autonomous driving and without steering wheels or pedals. These Cybercabs are not wheelchair accessible, though Tesla highlighted in an X post this month its accessibility features, including braille lettering on controls and wheelchair-height seating to allow for easier transfers.
Tesla and its CEO, Elon Musk, have hinted previously at a wheelchair-accessible autonomous vehicle. The company introduced an accessibility tab in its Robotaxi app last fall, though it directs users to other wheelchair-accessible ride providers in the area, rather than to Tesla’s own service. “We are working on accessible rides,” the app says. In response to an X user’s post last fall about Tesla working on accessible rides, Musk responded, “Absolutely.”
No US robotaxi company currently offers fleetwide driverless, wheelchair-accessible rides, including market leader Waymo. At the DC hearing on Monday, Waymo regional head of state and local policy Matt Walsh said, “To date, it’s my understanding that we haven’t been able to identify a platform that is fully wheelchair-accessible while also meeting the unique specifications to retrofit that vehicle with our technology.” He continued: “Now, I don’t want that to sound like a cop-out. We are trying to find that vehicle.”
Waymo has touted the accessibility features of its newest vehicle, the Zeekr-built Ojai, including its flat floor, low step-in height, and grab bars. But it is not wheelchair accessible. Michigan-based Ann Arbor autonomous-vehicle developer May Mobility offers rides in wheelchair-accessible vehicles in some of its markets, with a human operator on board to help deploy necessary ramps.
The Americans With Disabilities Act prohibits discrimination against people with disabilities in transportation services and requires reasonable modifications to provide equal access. Some but not all US cities require ride-hailing companies to provide wheelchair-accessible services. Many of those companies provide those rides through partnerships with specialized fleets made up of wheelchair-accessible vehicles.
In September 2025, the US Department of Justice sued Uber for “refusing to reasonably modify its policies, practices, or procedures where necessary to avoid discriminating against riders with disabilities.” The case is being litigated.
Starbucks just announced that it’s bringing back the notoriously viral, instantly sold-out bear glass, but this time, it’s getting a bright summer makeover. Enter: the Pink Bearista Glass Cold Cup.
Inspired by the Pink Drink, this limited-edition cup is pretty much destined to break the internet (though all the Gilmore Girlies were probs to blame for the beanie version selling out so quickly). The new glass features the bear wearing a little pink hat and comes with a strawberry straw topper. I fear the Stanley Stans will be to blame for this sell-out.
Mashable Trend Report
Starbucks is bringing back its viral bear glass with a bright, pink summer makeover starting July 13.Credit: Starbucks
The new Pink Drink-inspired Bearista cup features an adorable pink hat and a matching strawberry straw topper.Credit: Starbucks
If you don’t want to pay ridiculous reseller markups on eBay this time around, here’s a quick rundown on how and when to get one:
Brick-and-mortar: You should be able to purchase one in-store at select Starbucks coffeehouses on July 13. (Starbucks is enforcing a strict two-item purchase limit per customer.) The cups will be available in the U.S., Canada, Asia Pacific, Europe, the Middle East, and North Africa.
Starbucks Shop: Starbucks Reserve members will get early access via the Starbucks Shop on July 9. Note: This is not the same thing as being a standard “Rewards member.” Reserve members are the highest tier of the Rewards program. (I’m a Gold status member myself.) Reserve status members earn 2,500 stars in a single year.
May the odds be ever in your favor next month. Since I haven’t hit that coveted Reserve status yet, I’ll most likely be hitting up my local Starbucks until I can find one in stock.
Starbucks just announced that it’s bringing back the notoriously viral, instantly sold-out bear glass, but this time, it’s getting a bright summer makeover. Enter: the Pink Bearista Glass Cold Cup.
Inspired by the Pink Drink, this limited-edition cup is pretty much destined to break the internet (though all the Gilmore Girlies were probs to blame for the beanie version selling out so quickly). The new glass features the bear wearing a little pink hat and comes with a strawberry straw topper. I fear the Stanley Stans will be to blame for this sell-out.
Mashable Trend Report
Starbucks is bringing back its viral bear glass with a bright, pink summer makeover starting July 13.Credit: Starbucks
The new Pink Drink-inspired Bearista cup features an adorable pink hat and a matching strawberry straw topper.Credit: Starbucks
If you don’t want to pay ridiculous reseller markups on eBay this time around, here’s a quick rundown on how and when to get one:
Brick-and-mortar: You should be able to purchase one in-store at select Starbucks coffeehouses on July 13. (Starbucks is enforcing a strict two-item purchase limit per customer.) The cups will be available in the U.S., Canada, Asia Pacific, Europe, the Middle East, and North Africa.
Starbucks Shop: Starbucks Reserve members will get early access via the Starbucks Shop on July 9. Note: This is not the same thing as being a standard “Rewards member.” Reserve members are the highest tier of the Rewards program. (I’m a Gold status member myself.) Reserve status members earn 2,500 stars in a single year.
May the odds be ever in your favor next month. Since I haven’t hit that coveted Reserve status yet, I’ll most likely be hitting up my local Starbucks until I can find one in stock.
#Starbucks #dropped #Pink #Drink #Bearista #Cup #today">Starbucks has dropped a new Pink Drink Bearista Cup — how to get yours today
If you survived the great Starbucks Bearista Cold Cup shortage of 2025, grab your emotional support water bottles, because we’re about to do it all over again.
Starbucks just announced that it’s bringing back the notoriously viral, instantly sold-out bear glass, but this time, it’s getting a bright summer makeover. Enter: the Pink Bearista Glass Cold Cup.
Inspired by the Pink Drink, this limited-edition cup is pretty much destined to break the internet (though all the Gilmore Girlies were probs to blame for the beanie version selling out so quickly). The new glass features the bear wearing a little pink hat and comes with a strawberry straw topper. I fear the Stanley Stans will be to blame for this sell-out.
Mashable Trend Report
Starbucks is bringing back its viral bear glass with a bright, pink summer makeover starting July 13.Credit: Starbucks
The new Pink Drink-inspired Bearista cup features an adorable pink hat and a matching strawberry straw topper.Credit: Starbucks
If you don’t want to pay ridiculous reseller markups on eBay this time around, here’s a quick rundown on how and when to get one:
Brick-and-mortar: You should be able to purchase one in-store at select Starbucks coffeehouses on July 13. (Starbucks is enforcing a strict two-item purchase limit per customer.) The cups will be available in the U.S., Canada, Asia Pacific, Europe, the Middle East, and North Africa.
Starbucks Shop: Starbucks Reserve members will get early access via the Starbucks Shop on July 9. Note: This is not the same thing as being a standard “Rewards member.” Reserve members are the highest tier of the Rewards program. (I’m a Gold status member myself.) Reserve status members earn 2,500 stars in a single year.
May the odds be ever in your favor next month. Since I haven’t hit that coveted Reserve status yet, I’ll most likely be hitting up my local Starbucks until I can find one in stock.
I am back from vacation. What did I miss? Turns out, quite a lot — including the end of the Uber-Waymopartnership in Phoenix. Uber and Waymo still have robotaxi service partnerships in Atlanta and Austin. The question is not if, but when will these agreements end? But that isn’t the most intriguing question, in my opinion. I am far more intrigued by how these two companies will behave once the remaining partnerships end.
There is already tension with Uber executives taking not-so-subtle shots at Waymo. I expect that once the partnerships end, these thinly veiled barbs will be replaced with more direct action. One battleground will be policy, specifically markets where robotaxi companies are angling to get access.
This week, we saw another interesting development in the autonomous vehicle industry on the federal stage. National Highway Traffic Safety Administration administrator Jonathan Morrison issued a directive to autonomous vehicle developers, stating that it is unacceptable for their vehicles to interfere with first responders or law enforcement.
The money quote: “Let me be clear: the inability to detect and appropriately respond to such situations represents a functional insufficiency. Emergency scenes are not rare or extreme ‘edge cases.’ As such, NHTSA is today issuing a call to action for AV developers and operators to immediately focus their resources on fixing this issue.”
Morrison’s letter never calls out any one robotaxi company and it was sent to every AV developer listed in the Department of Transportation’s Standing General Order. But it sure seems like Morrison is directing the agency’s ire at Waymo.
A previous TechCrunch investigation found that Waymo — which operates the largest robotaxi fleet in the United States, with vehicles in cities such as Los Angeles, Phoenix, and San Francisco — has had repeated run-ins with first responders. And just this week, San Francisco supervisor Bilal Mahmood said he plans to submit a letter of inquiry to examine how autonomous vehicles affected public transit services and emergency responders following a July 4 fireworks show that resulted in massive gridlock. Local news outlets reported that numerous Waymo robotaxis had to be towed after running out of power during the lengthy traffic jam.
Morrison’s letter has gravitas. But will there be substantive consequences for AV developers? It’s hard to tell at this point. For now, the NHTSA has demanded companies present the agency with “solutions” by the end of the month.
One more news item from the feds. Take a look at the new 2026 Regulatory Plan and Unified Agenda, which was updated last week. It contains a long list of proposed changes to Federal Motor Vehicle Safety Standards (FMVSS) requirements, which govern vehicle design and equipment requirements. These proposed changes could help autonomous vehicle companies like Tesla and Zoox, which are developing vehicles without steering wheels, pedals, or other features required on human-driven cars.
We usually focus on venture deals, but this week I wanted to highlight Rivian and the sale of 86.25 million Class A common shares priced at $15.50 each (that includes an added 11.25 million in additional shares that underwriters opted to buy).
In all, Rivian said it expects to raise $1.32 billion in new capital. The raise comes at a notable time for the EV maker. The company started delivering its new R2 SUV last month and recently raised its sales forecast for 2026. The company said it now expects to deliver between 65,000 and 70,000 vehicles after outperforming its own expectations in the second quarter due to robust growth quarter-over-quarter in EDV and R1, coupled with the introduction of R2 deliveries.
The company didn’t explain the reason for the raise. But as a reminder, Rivian is not yet profitable and scaling up production of the R2 — or any vehicle for that matter — isn’t cheap!
Other deals that got my attention …
Bidbus, a Los Angeles-based startup that built a digital marketplace where multiple dealers can bid on a car, raised $15 million in a Series A funding round led by Ibex Investors. Mucker Capital, FJ Labs, Motley Fool Ventures, Data Point Capital, Walter Ventures, and the Car Dealership Guy’s Yossi Levi also participated.
Lyft said it plans to acquire Serveo’s bike-share business in Spain. Terms weren’t disclosed, but the ride-hailing company said it is expected to close this year.
TaiSan, a U.K. battery startup, raised £4.65 million in a seed funding round co-led by Eos Advisory and the Midlands Engine Investment Fund II. InnoEnergy, AFI Ventures, EverQuest Capital Partners, Exergon, Heartfelt Ventures, Adeline Arts & Science, Techmind, angel investor François Badelon, and matched funding from Innovate UK also participated.
Notable reads and other tidbits
Image Credits:Bryce Durbin
AssuranceAmerica, a U.S. insurance provider, confirmed a data breach that affected the personal information and driver’s license numbers of 6.9 million people, making it the largest known spill of Americans’ driver’s license information this year.
Beta Technologies, the electric vehicle takeoff and landing developer, completed operational flights conducted under the U.S. Department of Transportation and Federal Aviation Administration’s new eVTOL Integration Pilot Program. The flights covered about 275 nautical miles covering Virginia and Maryland.
Longtime followers of Tesla will remember the heady days when Elon Musk battled various short sellers of the company’s stock. Musk is more polarizing than ever, and one exchange-traded fund creator has found a way to tap into that negative sentiment with two new anti-Elon exchange-traded funds.
GM brand Chevrolet built an all-American EV truck. Senior reporter Tim De Chant asks, Why is nobody buying it?
Manna Aero, the Ireland-based autonomous drone delivery startup, is scaling up in the United States with a factory and operations center in Tulsa, Oklahoma, that it says will employ 1,000 in the next few years.
Slate Auto teamed up with Crayola to offer its EV truck and SUV customers vehicle wraps in five crayon colors. (Reminder: The basic Slate EV vehicle isn’t painted. Instead, it comes in a gray composite material that can be customized with a vehicle wrap. The company has hundreds of options to choose from.)
One more thing …
TechCrunch podcast Build Mode just launched its third season, and it’s a banger. Build Mode is hosted by Isabelle Johannessen, who heads TechCrunch’s Startup Battlefield program. Unlike Equity — the TC podcast I co-host along with Anthony Ha and Sean O’Kane — Build Mode is designed to help early-stage founders.
The new season kicks off with Precursor Ventures founder and managing partner Charles Hudson, who talks about what early-stage founders need to know before raising their first institutional round.
I am back from vacation. What did I miss? Turns out, quite a lot — including the end of the Uber-Waymopartnership in Phoenix. Uber and Waymo still have robotaxi service partnerships in Atlanta and Austin. The question is not if, but when will these agreements end? But that isn’t the most intriguing question, in my opinion. I am far more intrigued by how these two companies will behave once the remaining partnerships end.
There is already tension with Uber executives taking not-so-subtle shots at Waymo. I expect that once the partnerships end, these thinly veiled barbs will be replaced with more direct action. One battleground will be policy, specifically markets where robotaxi companies are angling to get access.
This week, we saw another interesting development in the autonomous vehicle industry on the federal stage. National Highway Traffic Safety Administration administrator Jonathan Morrison issued a directive to autonomous vehicle developers, stating that it is unacceptable for their vehicles to interfere with first responders or law enforcement.
The money quote: “Let me be clear: the inability to detect and appropriately respond to such situations represents a functional insufficiency. Emergency scenes are not rare or extreme ‘edge cases.’ As such, NHTSA is today issuing a call to action for AV developers and operators to immediately focus their resources on fixing this issue.”
Morrison’s letter never calls out any one robotaxi company and it was sent to every AV developer listed in the Department of Transportation’s Standing General Order. But it sure seems like Morrison is directing the agency’s ire at Waymo.
A previous TechCrunch investigation found that Waymo — which operates the largest robotaxi fleet in the United States, with vehicles in cities such as Los Angeles, Phoenix, and San Francisco — has had repeated run-ins with first responders. And just this week, San Francisco supervisor Bilal Mahmood said he plans to submit a letter of inquiry to examine how autonomous vehicles affected public transit services and emergency responders following a July 4 fireworks show that resulted in massive gridlock. Local news outlets reported that numerous Waymo robotaxis had to be towed after running out of power during the lengthy traffic jam.
Morrison’s letter has gravitas. But will there be substantive consequences for AV developers? It’s hard to tell at this point. For now, the NHTSA has demanded companies present the agency with “solutions” by the end of the month.
One more news item from the feds. Take a look at the new 2026 Regulatory Plan and Unified Agenda, which was updated last week. It contains a long list of proposed changes to Federal Motor Vehicle Safety Standards (FMVSS) requirements, which govern vehicle design and equipment requirements. These proposed changes could help autonomous vehicle companies like Tesla and Zoox, which are developing vehicles without steering wheels, pedals, or other features required on human-driven cars.
We usually focus on venture deals, but this week I wanted to highlight Rivian and the sale of 86.25 million Class A common shares priced at $15.50 each (that includes an added 11.25 million in additional shares that underwriters opted to buy).
In all, Rivian said it expects to raise $1.32 billion in new capital. The raise comes at a notable time for the EV maker. The company started delivering its new R2 SUV last month and recently raised its sales forecast for 2026. The company said it now expects to deliver between 65,000 and 70,000 vehicles after outperforming its own expectations in the second quarter due to robust growth quarter-over-quarter in EDV and R1, coupled with the introduction of R2 deliveries.
The company didn’t explain the reason for the raise. But as a reminder, Rivian is not yet profitable and scaling up production of the R2 — or any vehicle for that matter — isn’t cheap!
Other deals that got my attention …
Bidbus, a Los Angeles-based startup that built a digital marketplace where multiple dealers can bid on a car, raised $15 million in a Series A funding round led by Ibex Investors. Mucker Capital, FJ Labs, Motley Fool Ventures, Data Point Capital, Walter Ventures, and the Car Dealership Guy’s Yossi Levi also participated.
Lyft said it plans to acquire Serveo’s bike-share business in Spain. Terms weren’t disclosed, but the ride-hailing company said it is expected to close this year.
TaiSan, a U.K. battery startup, raised £4.65 million in a seed funding round co-led by Eos Advisory and the Midlands Engine Investment Fund II. InnoEnergy, AFI Ventures, EverQuest Capital Partners, Exergon, Heartfelt Ventures, Adeline Arts & Science, Techmind, angel investor François Badelon, and matched funding from Innovate UK also participated.
Notable reads and other tidbits
Image Credits:Bryce Durbin
AssuranceAmerica, a U.S. insurance provider, confirmed a data breach that affected the personal information and driver’s license numbers of 6.9 million people, making it the largest known spill of Americans’ driver’s license information this year.
Beta Technologies, the electric vehicle takeoff and landing developer, completed operational flights conducted under the U.S. Department of Transportation and Federal Aviation Administration’s new eVTOL Integration Pilot Program. The flights covered about 275 nautical miles covering Virginia and Maryland.
Longtime followers of Tesla will remember the heady days when Elon Musk battled various short sellers of the company’s stock. Musk is more polarizing than ever, and one exchange-traded fund creator has found a way to tap into that negative sentiment with two new anti-Elon exchange-traded funds.
GM brand Chevrolet built an all-American EV truck. Senior reporter Tim De Chant asks, Why is nobody buying it?
Manna Aero, the Ireland-based autonomous drone delivery startup, is scaling up in the United States with a factory and operations center in Tulsa, Oklahoma, that it says will employ 1,000 in the next few years.
Slate Auto teamed up with Crayola to offer its EV truck and SUV customers vehicle wraps in five crayon colors. (Reminder: The basic Slate EV vehicle isn’t painted. Instead, it comes in a gray composite material that can be customized with a vehicle wrap. The company has hundreds of options to choose from.)
One more thing …
TechCrunch podcast Build Mode just launched its third season, and it’s a banger. Build Mode is hosted by Isabelle Johannessen, who heads TechCrunch’s Startup Battlefield program. Unlike Equity — the TC podcast I co-host along with Anthony Ha and Sean O’Kane — Build Mode is designed to help early-stage founders.
The new season kicks off with Precursor Ventures founder and managing partner Charles Hudson, who talks about what early-stage founders need to know before raising their first institutional round.
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility!
I am back from vacation. What did I miss? Turns out, quite a lot — including the end of the Uber-Waymopartnership in Phoenix. Uber and Waymo still have robotaxi service partnerships in Atlanta and Austin. The question is not if, but when will these agreements end? But that isn’t the most intriguing question, in my opinion. I am far more intrigued by how these two companies will behave once the remaining partnerships end.
There is already tension with Uber executives taking not-so-subtle shots at Waymo. I expect that once the partnerships end, these thinly veiled barbs will be replaced with more direct action. One battleground will be policy, specifically markets where robotaxi companies are angling to get access.
This week, we saw another interesting development in the autonomous vehicle industry on the federal stage. National Highway Traffic Safety Administration administrator Jonathan Morrison issued a directive to autonomous vehicle developers, stating that it is unacceptable for their vehicles to interfere with first responders or law enforcement.
The money quote: “Let me be clear: the inability to detect and appropriately respond to such situations represents a functional insufficiency. Emergency scenes are not rare or extreme ‘edge cases.’ As such, NHTSA is today issuing a call to action for AV developers and operators to immediately focus their resources on fixing this issue.”
Morrison’s letter never calls out any one robotaxi company and it was sent to every AV developer listed in the Department of Transportation’s Standing General Order. But it sure seems like Morrison is directing the agency’s ire at Waymo.
A previous TechCrunch investigation found that Waymo — which operates the largest robotaxi fleet in the United States, with vehicles in cities such as Los Angeles, Phoenix, and San Francisco — has had repeated run-ins with first responders. And just this week, San Francisco supervisor Bilal Mahmood said he plans to submit a letter of inquiry to examine how autonomous vehicles affected public transit services and emergency responders following a July 4 fireworks show that resulted in massive gridlock. Local news outlets reported that numerous Waymo robotaxis had to be towed after running out of power during the lengthy traffic jam.
Morrison’s letter has gravitas. But will there be substantive consequences for AV developers? It’s hard to tell at this point. For now, the NHTSA has demanded companies present the agency with “solutions” by the end of the month.
One more news item from the feds. Take a look at the new 2026 Regulatory Plan and Unified Agenda, which was updated last week. It contains a long list of proposed changes to Federal Motor Vehicle Safety Standards (FMVSS) requirements, which govern vehicle design and equipment requirements. These proposed changes could help autonomous vehicle companies like Tesla and Zoox, which are developing vehicles without steering wheels, pedals, or other features required on human-driven cars.
We usually focus on venture deals, but this week I wanted to highlight Rivian and the sale of 86.25 million Class A common shares priced at $15.50 each (that includes an added 11.25 million in additional shares that underwriters opted to buy).
In all, Rivian said it expects to raise $1.32 billion in new capital. The raise comes at a notable time for the EV maker. The company started delivering its new R2 SUV last month and recently raised its sales forecast for 2026. The company said it now expects to deliver between 65,000 and 70,000 vehicles after outperforming its own expectations in the second quarter due to robust growth quarter-over-quarter in EDV and R1, coupled with the introduction of R2 deliveries.
The company didn’t explain the reason for the raise. But as a reminder, Rivian is not yet profitable and scaling up production of the R2 — or any vehicle for that matter — isn’t cheap!
Other deals that got my attention …
Bidbus, a Los Angeles-based startup that built a digital marketplace where multiple dealers can bid on a car, raised $15 million in a Series A funding round led by Ibex Investors. Mucker Capital, FJ Labs, Motley Fool Ventures, Data Point Capital, Walter Ventures, and the Car Dealership Guy’s Yossi Levi also participated.
Lyft said it plans to acquire Serveo’s bike-share business in Spain. Terms weren’t disclosed, but the ride-hailing company said it is expected to close this year.
TaiSan, a U.K. battery startup, raised £4.65 million in a seed funding round co-led by Eos Advisory and the Midlands Engine Investment Fund II. InnoEnergy, AFI Ventures, EverQuest Capital Partners, Exergon, Heartfelt Ventures, Adeline Arts & Science, Techmind, angel investor François Badelon, and matched funding from Innovate UK also participated.
Notable reads and other tidbits
Image Credits:Bryce Durbin
AssuranceAmerica, a U.S. insurance provider, confirmed a data breach that affected the personal information and driver’s license numbers of 6.9 million people, making it the largest known spill of Americans’ driver’s license information this year.
Beta Technologies, the electric vehicle takeoff and landing developer, completed operational flights conducted under the U.S. Department of Transportation and Federal Aviation Administration’s new eVTOL Integration Pilot Program. The flights covered about 275 nautical miles covering Virginia and Maryland.
Longtime followers of Tesla will remember the heady days when Elon Musk battled various short sellers of the company’s stock. Musk is more polarizing than ever, and one exchange-traded fund creator has found a way to tap into that negative sentiment with two new anti-Elon exchange-traded funds.
GM brand Chevrolet built an all-American EV truck. Senior reporter Tim De Chant asks, Why is nobody buying it?
Manna Aero, the Ireland-based autonomous drone delivery startup, is scaling up in the United States with a factory and operations center in Tulsa, Oklahoma, that it says will employ 1,000 in the next few years.
Slate Auto teamed up with Crayola to offer its EV truck and SUV customers vehicle wraps in five crayon colors. (Reminder: The basic Slate EV vehicle isn’t painted. Instead, it comes in a gray composite material that can be customized with a vehicle wrap. The company has hundreds of options to choose from.)
One more thing …
TechCrunch podcast Build Mode just launched its third season, and it’s a banger. Build Mode is hosted by Isabelle Johannessen, who heads TechCrunch’s Startup Battlefield program. Unlike Equity — the TC podcast I co-host along with Anthony Ha and Sean O’Kane — Build Mode is designed to help early-stage founders.
The new season kicks off with Precursor Ventures founder and managing partner Charles Hudson, who talks about what early-stage founders need to know before raising their first institutional round.
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