Featured Threads
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Toyota promotes bean counter to CEO
Finance chief Kenta Don named CEO to deal with tariffs and competition from China.
toyota-ceo-koji-sato-to-step-down-and-be-replaced-by-cfo-kenta-kon-profit-forecast.html -
Tesla and Waymo before Senate Panel
Source: - YouTube
- 2 hrs, 12 minutes - playback as fast as understandable
- Good summary of the issues
I opposed the "Bell the Hybrid" Act of 2011 and noticed a blind advocate attended the hearing. Sad to say, some total BS was heard in some of the questions. For example, one Senator claimed an Amazon weight defeats part of full self driving ... I know from personal experience that has not been true since 2022.
I look forward to adding a link to the written transcript so everyone can quickly scan and comment. No, I am not going to substitute for the transcript. Rather I wanted to share the source.
Bob Wilson -
LIDAR business practices
Source: Daily Automotive News
MICROVISION GETS LIDAR TECH FOR PENNIES ON THE DOLLAR
Five years ago the stock prices of EV makers were going through the roof. And the same was largely true of lidar companies. One of those companies, Luminar, saw its stock shoot over $500 a share, giving it an $11 billion market cap, and turning its then 25-year-old founder into a multi-billionaire. But then Luminar went bankrupt and another lidar company, Microvision, just bought all its assets and got most of its customers for only $33 million. In fact, Microvision bought another lidar maker, Scantinel Photonics, after it went bankrupt, too. And Microvision’s CEO, Glen DeVos, says they’ll buy other lidar companies too, if the right situation arises. Maybe you saw...
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