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Tesla stock falls as margins slip, VanMoof files for bankruptcy, and Aurora sells $820M worth of stock

U.S. policymakers and agencies are looking for ways to regulate autonomous vehicles on a larger scale. First, there’s the National Highway Traffic Safety Administration (NHTSA), which plans to announce a new rule-making in September that could benefit AV companies like Cruise and Zoox, both of which have plans to launch purpose-built robotaxis that don’t have steering wheels or pedals. General Motors, which owns Cruise, submitted a petition in February 2022 to NHTSA to deploy up ...
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Source: yahoo.com

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Archer Hires Uber Elevate Co-Founder, Nikhil Goel, As Chief Commercial Officer To Capture Strong U.S. And Global Demand For Archer's eVTOL Aircraft As It Prepares To Bring Midnight To Market in 2025

On the heels of adding Former FAA Administrator, Billy Nolen, Archer makes another key executive hire with Goel, the co-founder of Uber Elevate Goel to lead Archerโ€™s global commercialization...
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