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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. H…

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Tesla EV deliveries fall nearly 18% in second quarter following China factory shutdown

Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first t…

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The end of a second straight month of layoffs in tech

June brought another wave of layoffs in tech, with cuts impacting at least 16,000 workers.

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I want to forget Elon’s dumb $420 tweet, but y’all won’t let me

Elon Musk hasn’t tweeted in 10 days, but his Twitter account is once again news because time is a flat circle. This is why we must now scrunch our faces, cock our heads to one side and strain to recall a weed joke shared by the chief executive on August 7, 2018. Otherwise, we’ll never […

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The Drako Motors 2,000-hp electric luxury SUV “feels more like a spaceship”

Startup EV manufacturer Drako Motors previewed today the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon Super-SUV. The San Jose, California-based automaker said the Dragon zips from 0 to 60 mph in 1.9 seconds using the company’s in-house DriveOS Quad Motor Powertrain, a…

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Daily Crunch: Indian edtech giant Byju’s delays $1B acquisition payment, lays off hundreds of workers

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Tesla lays off nearly 200 Autopilot workers, shutters San Mateo office

Tesla layoffs targeted personnel once deemed critical to the Autopilot advanced driver assistance system; Tesla stock is down 5% in after-hours trading.

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JD Power: EVs and and plug-in hybrids have more problems than combustion engine cars

Battery-electric vehicles and plug-in hybrids have more problems than the average car, according to the annual J.D. Power U.S. Initial Quality Study (IQS) released Wednesday. The 2022 survey found that EV owners cited 39% more problems with their new vehicles than did owners of new combustion-engin…

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Tesla veterans’ Industrial Next picks up $12M to automate EV production

Elon Musk is unabashed about his obsession with manufacturing. Over the years, Tesla has gradually gained recognition in the manufacturing world through improving its production quality. Now two Tesla veterans want to share their smart factory know-how to other automakers through a nascent startup.…

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns

Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…

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