Techcrunch Mobility: Tesla Vs GM: a story of profits

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The survey results are present (from last week’s release), and it is clear what you want: the capital analysis a. You also want a scoop, a little news tour, and deals, but away from the analysis. I have always sprayed my thoughts and visions throughout the newsletter, but during the next few weeks and months, you will run me more in the analysis.

In that memo, the profit season is upon us and two before me: General Motors and Timing. The two companies face pressure from the definitions. While General Motors also sells gas -powered vehicles, both are trying to sell EVS in a market that has seen slow growth while facing an EV in the future.

How GM and Tesla plan to move on this (or at least what they refer to) is completely different.

General Motors, who witnessed a tariff that takes a billion dollars from its Q2 line, still sees EVS as a “North Star”. Although General Motors is definitely flowing into Sales EV today, it contains a larger mix of EV models to attract customers – more than ten at all. And Chevrolet is now brand No. 2 EV in the United States

Although General Motors distributed $ 4 billion in revenue from the advanced fellowship system in the advanced marriage system, along with ONSTAR and other software services that will be recognized over time, the large topic of the call was “flexibility”.

Chair and CEO Mary Barra and Financial Director Paul Jacobson He said the word “flexibility” nine times during the Q2 profit call. What it means through flexibility is to create factories where they can easily assemble EVS and ice vehicles – and change the mixture based on demand.

Meanwhile, Tesla is betting strongly on the “future”, and CEO Elon Musk, who means autonomy and AI, or as it is sometimes called “AI in the real world”.

The vast majority (about 74 %) of Tesla’s revenues still come from the sale of cars, Despite the results of the second quarter Show a 16 % decrease on an annual basis in auto revenue. But if you listen to the Q2 call, it is clear that Elon Musk does not care about being a car company. (Even he admitted that the very cheapest Tesla model is just an abstract version of the Y.)

Musk wants to make and sell OPTIMUS and spread autonomous vehicles. The problem is that these products today – or future products – do not make profits, not to mention revenues.

Yes, Tesla revenues from the advanced driver assistance system known as the full -time driving. (This is not an independent vehicle and requires the participation of a human driver.)

Musk admitted that there will be some difficult circles in the future, but he still thinks that this will be in the end the place where the largest part of Tesla’s profits come.

I think this transition will take much longer than Musk publicly sharing. (Only today, the information stated that the company is leaving it away Obot Opot production goal) It seems that the company feels pressure to act. For example, Tesla is said to bring a limited copy of Robotaxi service to San Francisco At the end of this week, although technically, you do not have the required permits. (What do you think will be Tesla solutions?)

Meanwhile, Tesla is organizational and legal pressures that can undermine its efforts to restart sales and even threaten its future plans on FSD.

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Deals!

Just a large collection of deals this week!

Bosch Ventures Led 21 million dollar chain b Investing in 4screenIt is a company based in Munich that connects car manufacturers, brands and drivers through original auto screens.

BlockskyeTravel infrastructure company, 15.8 million dollars On a tour led by Blockchand. UNIDED Airlines Ventures, LightSpeed FACTION, Lasagna, LatQuility Ventures, LongBroook Ventures, KSV Global and Tfj Capital.

Starting Glīd techniques A collection of $ 3.1 million In a pre -seed financing round, led by Outland VC, with the participation of Draper U Ventures, Antler, The Veteran Fund, M1C and Angel Investors.

It is based in Los Angeles Nivoya It came out of the ghost last year with an ambition to break Logjam, truck adopting EV. Nevoya has made enough progress to attract investors – and A seed seed tour of $ 9.3 million Lowrcarbon. Also joined Floating Point and LMNT VENTERES, along with the third field for current investors, and Ajen, and they are never raised. Yunus Palace, the founder and CEO of Applied COMPANY self -driving self -driving.

Ron techniquesAn young company that wants to process the AI-which is enabled the artificial intelligence of military logistics services, Rapid 24 million dollars Series a tour led by human capital with the participation of PAX VC, Washington Harbour Partners, A16z, Point72 Ventures, Xyz Venture Capital and VC Poindow.

Fast navigationWhich developed precisely the independence of vehicles, robots and logistics services, A collection of 50 million dollars In the series of financing E series led by Crosslink Capital. Nea, Eclipse Ventures, Epiq Capital Group, First Round Capital, Telus Global Ventures, Potentum Partners, along with new investors Niterra Ventures and Alti Tiedmannn Global and Grids Capital, Essential Ventures, Shea Ventures and Enertech Capital as well.

Promise readings and other tales

Independent vehicles

Lift will Add autonomous shutters The Austrian manufacturer Bentereler Group made its network in late 2026. The shuttle will be published in partnership with American cities and airports.

Electric vehicles

clear Air owners will be able to impose luxury EVS fees in thousands of Tesla Supercharger stations in North America, starting from July 31, for nearly two years since car manufacturers are connected to an agreement. But there is a ProminentThe clear air vehicles will not be able to ship with the fastest Tesla vehicles.

An annoyed economy

Uber Bring her Women’s preferences featureWhich allows drivers and female passengers to match each other, to the United States. This feature will be presented first in Detroit, Los Angeles and San Francisco.

Last but not least

Another note on Timing. By the time this newsletter reaches your inbox, we will not have an answer, but a task Public services department A session was held throughout the week in California. At stake: Tesla’s ability to sell cars in California.

TL; D California Car Department It argues that Tesla must lose its license to sell vehicles in the state due to the wrong advertising claims on the automated pilot with brands and advanced self -driving driver aid systems.