Toyota Joins Uber on Its Tortuous Journey to Self-Driving Cars

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Uber didn’t necessarily get into self-driving cars to make friends. It launched its program in Pittsburgh by gutting the robotics program at Carnegie Mellon University, after all. But in the three years since—as the company has struggled with wayward leadership, a broken corporate culture, and this spring’s fatal crash, which killed an Arizona woman—Uber has […]

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Cars Keep Getting Better. That Makes Disruption Harder.

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On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues said “improve” or “improvements” 14 times in describing everything from Tesla’s production lines to […]

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Elon Musk’s $0 Salary Encapsulates the Legend of Tesla

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For a self-made billionaire, Elon Musk doesn’t seem to know much about making money—at least not for himself. The Tesla CEO's new compensation package, announced Tuesday, hinges on Musk's ability to transform the budding automaker into one of the world’s most valuable companies by producing long-term increases in market value, and revenue and profits. Musk […]

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