Tesla's FSD Deployment, Kodiak Robotics' SPAC Merger, And Rivian's New Deal: This Week In Mobility

Benzinga
2025.04.20 13:48
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This week in mobility news includes Tesla deploying its Full Self-Driving technology at Giga Texas, Kodiak Robotics announcing a SPAC merger to go public, and Rivian delivering vehicles to HelloFresh. Tesla faces rising insurance costs and a decline in market share despite growth in the US electric vehicle sector. Kodiak's merger values the company at over $2.5 billion, while Rivian's deal marks its first non-Amazon partnership after ending its exclusive agreement with Amazon.

The past week has been a rollercoaster ride in the tech and auto industry. From Tesla Inc. TSLA deploying its Full Self-Driving (FSD) technology at Giga Texas to autonomous trucking startup Kodiak Robotics announcing its SPAC merger, there’s a lot to catch up on.

Let’s dive into the top stories of the week.

Tesla Deploys Unsupervised FSD At Giga Texas

Tesla has started using its Unsupervised FSD technology at its Giga Texas production facility. The company’s AI handle on social media platform X demonstrated how Tesla vehicles, including the Model Y and Cybertruck, are being transported to the outbound logistics lot using this technology.

Read the full article here.

Kodiak Robotics Set To Go Public Via SPAC Merger

Kodiak Robotics, backed by George Soros and Cathie Wood, is set to go public via a merger with Ares Acquisition Corporation II AACT. The autonomous trucking startup, which has logged over 2.6 million autonomous driving miles, announced its intention to go public, valuing the company at over $2.5 billion.

Read the full article here.

See Also: Elon Musk’s Tesla Reportedly Manipulating Odometers To Dodge Warranty Repairs

Tesla Loses Market Share As US EV Sales Climb

Despite the overall growth in the US electric vehicle sector, Tesla saw a decline in its market share in the first quarter. This comes amid protests at Tesla dealerships and lower sales globally, following CEO Elon Musk’s political push.

Read the full article here.

Tesla Owners Face Rising Insurance Costs

Tesla owners are facing increased insurance payments in 2025. This comes as the electric vehicle company faces declining brand value and increased reports of vandalism and targeted attacks, following CEO Elon Musk’s continued political push.

Read the full article here.

Rivian Delivers Fleet Vehicles To HelloFresh

Rivian Automotive Inc. RIVN has signed a deal with meal kit company HelloFresh SE HLFFF to add over 70 Rivian Vans to its fleet of commercial vehicles. This is Rivian’s first non-Amazon deal after ending its exclusive partnership with Amazon.com AMZN.

Read the full article here.

Read Next:

  • Tesla Owners Face New Challenge Amid Tariffs, Vandalism: Insurance Costs Going Up Twice The National Rate

Photo courtesy: Shutterstock

This story was generated using Benzinga Neuro and edited by Ananya Gairola

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