Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration.
Reports of problems with the Cybertruck’s accelerator pedal started popping up in the last few weeks.
Tesla said it first received a notice of one of these accelerator pedal incidents from a customer on March 31, and then a second one on April 3.
It also told NHTSA that it has started building Cybertrucks with a new accelerator pedal, and that it’s fixing the vehicles that are in transit or sitting at delivery centers.
While the Cybertruck only first started shipping late last year, this is not the vehicle’s first recall.
Lucid Motors is stuck in a fight over the name of its Gravity SUVLucid Motors is at risk of losing the trademark for the name of its Gravity SUV, just months before the company is supposed to start production.
Google Ventures-backed EV charging company Gravity Inc. filed a “petition for cancellation” with the U.S. Patent and Trademark Office’s Trademark Trial and Appeal Board (TTAB) in December asking for Lucid’s Gravity trademark to be revoked.
“We feel very, very confident about it,” Moshe Cohen, Gravity Inc.’s CEO, said of the petition in an interview with TechCrunch.
Lucid, in its answer to the petition filed last week, says that Gravity does not currently operate an EV fleet and argues that consumers would not be confused by the two different uses of the Gravity name.
“[Lucid] believes that it is being and will continue to be damaged by [Gravity Inc.’s] registration,” the company writes.
It’s 2021 for AI while the rest of the startup market is stuck in 2024Listen here or wherever you get your podcasts.
Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, in which we take a look back at the weekend and the week ahead.
This time ’round, there was so much in the news that we had to greatly compress everything we wanted to talk about.
Here’s the rundown:Like I said, it’s a busy start to the week!
In the past three years, a lot of companies launched DEI (diversity, equity, and inclusion) initiatives, and we even saw a brief period when those promises were fulfilled.
When the market was on the up and up, Black founders, like many other founders out there, were raising record amounts.
But come 2022, the market dipped, interest rates skyrocketed, investments nearly froze, hiring slowed, and widespread layoffs hit everyone.
Today, it almost feels like many of the promises the venture capital industry made in 2020 have gone unfulfilled.
To find out exactly how many kept their word, we checked up on some of those that made commitments to DEI following the BLM protests in 2020.Who kept their word?
