Uber Moves Ahead With Its Plans For Flying Cars, But Is Their Timeline Too Ambitious
Flying cars may not be that far away. Uber says it is still committed to its plans for urban aircraft. The ride-hailing company will be holding an event in L.A. in May to demonstrate Uber's plans to have launch flying cars in 10 years.
Scott Evans, Editor at Motor Trend, says the timeline is a bit too ambitious. Evans points to Honda, which recently built its first plane, and that took more than 10 years. Honda's plane, Evans says, is just like other private jets on the market. Uber wants to create an entirely new product that doesn't exist.
Mike Dooley, Co-founder and CEO of Labrador Systems, joins Cheddar News to discuss the company's 'Labrador Retriever' personal robot, aiming to support caregivers and help people with health issues live independently.
Volkswagen U.S. CEO Pablo Di Si joined Cheddar New to discuss record quarterly electric vehicle sales and his reaction to Tesla trimming prices on some vehicles by 20% last week. “We'll continue with our pricing strategy, we're not cutting prices on the vehicle's quality over quantity and product content,” he said.
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”
