No car company is making more headlines right now than Tesla. Can the electric vehicle company stay ahead in the battle for electric car dominance?
Mark Rechtin, Executive Editor at Motor Trend, says Tesla's competitors are quickly gaining ground. Motor Trend tested out the Tesla Model 3, Nissan Leaf, and Chevrolet Bolt. Rechtin says that the Leaf and Bolt offer the best options, especially if you don't have $60,000 to spend on a Tesla.
Rechtin also discusses the ongoing problems Tesla is having with its Model 3 production. The company continues to fall behind its original target numbers, while its CEO Elon Musk is tweeting about a possible Tesla pickup truck. Rechtin says Musk should focus more on the Model 3 and less on his dream projects.
In its pick of two small start-ups over Bird, Lime, Uber, and Lyft, San Francisco sent a signal that the most valuable mobility companies' "launch first, ask questions later" approach is catching up to them. Scoot Global and Skip were chosen because they said they would keep riders off the sidewalks and would provide services to low-income residents. Meanwhile, Santa Monica announced that it would open its shared mobility pilot program to e-scooters from Uber, Lyft, Bird, and Lime.
Paul Johnson, partner at Harbor Peak, said regulators are nervous about being interpreted as backing crypto investing. But Bitcoin and Ethereum continue to benefit from widespread user adoption, while other platforms will likely fade away.
Amazon's free video service for Fire TV owners, reportedly in the works, is a dual play, said Michael Simon of PCWorld: sell Fire TVs and keep Prime customers signed up for life.
Tesla's chief people officer is on an unexplained, extended leave of absence, just when the company needs to project an image of stability, says Brian Deagon of Investor's Business Daily. What the electric car maker really needs, Deagon says, is for CEO Elon Musk to get some rest.
The Endowment for Clean Oceans is holding a contest for anyone with an idea that could remove some of the plastic choking our oceans. Founder Daniel Perrin said there's emerging technology that could help the process, and he wants to jumpstart it.
Personal loan and credit monitoring company MoneyLion has named a new marketing chief. Bill Davaris was previously at ad giant Ogilvy and joins Cheddar's Tanaya Macheel for an exclusive interview on the company's strategy.
We break down what primary election results in Flordia and Arizona mean for the upcoming midterm elections. President Trump steps up his criticism of Google and other big tech companies. Amazon is reportedly planning to a launch a free, ad-supported video streaming app. And we sit down with Ash Cash to get his take on why Kanye West might actually have some worthwhile career advice.
Galileo Russell, Founder of HyperChange TV, believes if Apple makes a move in the automotive industry, it won't contract out its hardware, but instead build a car from the ground up. Apple is on its way to a $2 trillion market cap, and some experts believe the "Apple Car" could push the tech giant over the edge.
Jim Steyer, founder and CEO of Common Sense Media, told Cheddar that Americans are just beginning to wake up, after years of complacency, to the fact that constant social media use is harmful to children.
These are the headlines you Need 2 Know.
