Tesla Raises Money, Drones Get Certified, and More Car News This Week

Mary Altaffer/AP

Sometimes going back to the drawing board ain’t so bad. This week, Tesla shares took a much-needed hop as the company announced an effort to raise a small mountain of capital to keep the electric carmaker climbing. At first, the offering sat around $2.3 billion, but the company pushed it up to $2.7 billion amid investor enthusiasm. Drone companies, meanwhile, got hyped for the future, as a new certification from the FAA presented new opportunities—and new questions about how the government will regulate the autonomous flying delivery bots.

Other times, the drawing board is less than great. Lyft will have to rethink its strategy in New York City, one of its largest markets, after a judge denied its petition objecting to the city’s driver minimum wage laws. The company maintains that the rules are ultimately bad for drivers. Now, both Uber and Lyft say they’re halting driver hiring in NYC.

Yeesh! It’s been a week; let’s get you caught up.

Headlines

Stories you might have missed from WIRED this week

  • What does Waze, the world’s niftiest traffic-busting app, do when the traffic never ends? Convince people to make friends , of course.

  • The Centers for Disease Control and the city of Austin complete a joint study into electric scooter injuries—and find a bunch of people are hurting themselves in falls .

  • The Google spinoff Wing gets the Federal Aviation Administration’s first drone delivery authorization. Here’s what now sits between you and your air-delivered pizza.

  • I don’t know what line of work you’re in, but chances are you don’t need to learn how to do a J-turn. But here’s a guy who could teach you —plus a bunch of other very cool car tricks that special operatives use in the field.

Disintegrating Audi of the Week

The artist Fabien Oefner’s ongoing “Disintegrating” series appears to depict performance cars in the midst of a violent explosions. In reality, the effect reflects methodical mechanical and photography work. Watch Oefner—supported by Audi—as he puts together his newest work, displaying the metal guts of the German carmaker’s limited edition Audi R8 V10.

Stat of the Week

22%

The share of total car-related ride-hail business trip transactions that went into Lyft coffers so far this year, according to the travel and expense software company Certify. The smaller ride-hail company still trails its main rival, Uber, which accounted for 73 percent of transactions in that category—but Lyft’s share rose 4 percent from this time last year.

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