Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
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Wednesday, July 2, 2025
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump's tariffs and trade wars.
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Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
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Qantas hack results in theft of 6 million passengers’ personal data
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers' personal information.
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Tuesday, July 1, 2025
Jon McNeill brings the operator’s playbook to TechCrunch All Stage
At TechCrunch All Stage 2025, Jon McNeill, CEO and co-founder of DVx Ventures, will take the Scale Stage to flip the script on conventional startup growth advice.
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Congress just greenlit a NASA moon plan opposed by Musk and Isaacman
Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke […]
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ICEBlock, an app for anonymously reporting ICE sightings, goes viral overnight after Bondi criticism
The citizen app for anonymously reporting ICE agents and raids went viral after criticism from the U.S. Attorney General.
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Figma moves closer to a blockbuster IPO that could raise $1.5B
The financials are impressive and founder CEO Dylan Field already cashed out $20 million worth of shares last year.
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Grammarly acquires AI email client Superhuman
In its announcement, Grammarly said it wants to build AI agents for emails using Superhuman's tech.
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David George from a16z on the future of going public at TechCrunch Disrupt 2025
TechCrunch Disrupt 2025 is coming to Moscone West in San Francisco from October 27–29, bringing together 10,000+ startup and VC leaders to chart what’s next in tech. And on October 27, on the premiere industry stage: Going Public, David George of Andreessen Horowitz will take the mic for a fireside chat focused on one of […]
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Mo Jomaa breaks down IPO prep for founders on the Scale Stage at TechCrunch All Stage
An IPO may not be on your near-term roadmap, but the best founders start planning for it long before the bankers show up. At TechCrunch All Stage on July 15 at Boston’s SoWa Power Station, Mo Jomaa, partner at CapitalG (Alphabet’s independent growth fund), will lead a session titled “What to Think About Now If […]
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US Senate removes controversial ‘AI moratorium’ from budget bill
After going back and forth over the provision, Sen. Marsha Blackburn offered an amendment to strip the provision alongside Sen. Maria Cantwell.
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Genesis AI launches with $105M seed funding from Eclipse, Khosla to build AI models for robots
Genesis AI, which aims to build a foundational model for powering all kinds of robots, has emerged from stealth with $105M in seed funding.
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xAI raises $10B in debt and equity
Elon Musk's AI company, xAI, has raised $5 billion in debt and $5 billion in equity, Morgan Stanley said on Monday.
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Cloudflare launches a marketplace that lets websites charge AI bots for scraping
Cloudflare, a cloud infrastructure provider that serves 20% of the web, announced Tuesday the launch of a new marketplace that reimagines the relationship between website owners and AI companies — ideally giving publishers greater control over their content. For the last year, Cloudflare has launched tools for publishers to address the rampant rise of AI […]
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