Rideshare: Lyft announces IPO after gaining ground against market leader Uber
Lyft has filed its IPO, beating rival Uber to the highly anticipated milestone. While Uber dominates U.S. rideshare, Lyft is growing faster.
Waitlist drives demand for Tesla’s Model 3
Tesla opened up Model 3 ordering to its entire waitlist. A spike in configuration payments followed, though three-quarters of the waitlist have yet to order.
Bird’s sales soar in months ahead of billion-dollar valuation
Sales at the scooter company are 26 times greater than in October. And spending at competitor Lime is also on a roll.
Tesla faces accelerating rate of Model 3 refunds
At Tesla, Model 3 refunds have been on the rise. Among customers who made a deposit, 8 percent purchased a Tesla, while 23 percent received a refund.
From Avis to Zipcar: what’s driving change in how we get around
Autonomous vehicles will shake up the landscape of existing car services. But which are true disruptors? Buckle up as we look at where the U.S. ride-hailing and car-sharing industry stands—for now.