Category: Trucking News

This CEO says his hot startup is working on a fix for the most annoying thing about the San Francisco scooter craze

After electric scooters descended on San Francisco, city dwellers voiced their outrage over scooters routinely blocking sidewalks and building entrances. Parking startup SpotHero says it's in talks with several, unnamed scooter companies to help them move scooters off the sidewalks and into garages. The SpotHero CEO said the benefits of doing so are twofold: Scooter users can more easily find the vehicles after parking their cars, while more scooters will find homes in garages instead of taking up street space.


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Tesla lagging on Model 3 production, workers say

Tesla lagging on Model 3 production, workers say

Tesla Inc (TSLA.O) is not producing enough Model 3s per shift to reach the 5,000 per week target that Chief Executive Officer Elon Musk said it would reach by Saturday, three line workers at the company's Fremont, California, assembly plant told Reuters this week. The number of vehicles assembled per shift is displayed for line workers in the plant. The company is running two 12-hour shifts per day every day this week on the Model 3, the two workers who provided the production figures said.


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Scooter startup Bird raises $400 million in 4 months and rockets to $2 billion valuation

Scooter startup Bird has raised $300 million in a round that values the company at $2 billion. The funding round comes just months after the startup raised $100 million. Silicon Valley investors are pouring money into dockless scooters, as they bank on the devices becoming a permanent part of how people get around in cities.


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