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Robotaxi

Tesla Gets Written Out of New Jersey's Robotaxi Bill, and Its Own Record Helped Draft It

New Jersey lawmakers are weighing a bill that would keep Tesla's robotaxi out of the state before it ever carries a passenger there. Senate Bill S1677 would create a three-year autonomous vehicle pilot program overseen by the state Department of Transportation and the Motor Vehicle Commission, and it requires every participating vehicle to pair its cameras with two additional sensor types, such as lidar or radar.

Rivian Bets $9.5 Million on Round Rock Service Center as R2 Launch Looms
Rivian

Rivian Files To Sell 75 Million Shares Into Its R2 Rally, The Dilution We Called In February

Rivian filed to sell 75 million new Class A shares after Monday’s market close, a deal worth roughly $1.5 billion at the day’s $20.14 closing price. The company says the proceeds will fund general corporate purposes, including the equity contribution requirements tied to its Department of Energy (DOE) loan for the Georgia factory. The timing…

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