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TechCrunch Mobility: Tesla vs GM: A tale of two earnings
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation.
And while GM did tout $4 billion of deferred revenue from its advanced driver-assistance system Super Cruise, along with OnStar and other software services that will be recognized over time, the big theme of the call was “flexibility.” Swift Navigation, which has developed centimeter-accurate positioning for vehicle autonomy, robotics, and logistics, raised $50 million in a Series E financing round led by Crosslink Capital. Lucid Air owners will be able to charge their luxury EVs at thousands of Tesla Supercharger stations in North America starting July 31, nearly two years since the automakers reached an agreement.
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