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The regulatory minefield for self-driving cars just got a lot more interesting. As The Verge spotted this week, a bill under consideration in New Jersey would require autonomous cars in the state to use multiple sensors besides cameras. There’s one specific company that’s made it its mission to only use cameras in autonomous driving, and that’s Tesla.
If passed, the law would effectively bar Tesla from bringing its budding Robotaxi service to the state—unless the automaker overhauled its hardware setup to look more like Waymo’s.
Here are our other top stories today:
Our very own Maddox Kay saw the Scout trucks in person. He was impressed.
Toyota delayed the Highlander EV.
How the Nissan Leaf gave EV batteries a bad reputation.
—Tim Levin, Senior Editor
The largest IPO in history is coming. Where will all that liquid money go?
SpaceX just filed for an IPO valued at up to $1.75 trillion. When that much capital becomes liquid all at once, where it goes next is the big question.
Meanwhile, spring art auctions in NY cleared $2.5 billion, with 15+ new artist records.
Prized, physical assets with fixed and scarce supply. When the ultra-wealthy get liquid, it’s one of the markets they reach for to diversify.
Masterworks lets you into that art market without needing the nine figures. Its members invest in shares of blue-chip artwork by artists like Banksy, Basquiat and Warhol.
The track record to-date?
$1.3B deployed across 500+ artworks
29 sales to date
Net annualized returns like 16.5%, 17.6%, and 17.8%, not including those unsold*
*Investing involves risk. Past performance is not indicative of future returns. See important disclosures at masterworks.com/cd.
Photo: InsideEVs
New Jersey Law Would Outlaw Tesla's Camera-Based Robotaxi Tech
A bill is headed for a vote in New Jersey that would force self-driving cars to use two additional technologies on top of cameras.
Photo: Maddox Kay
I Saw Scout's New Trucks Up Close. They Could Be Worth The Wait
I caught Scout's electric Traveler and Terra in the wild. They have a lot to offer, but the company's road ahead is far from smooth.
Photo: InsideEVs
Everyone Is Afraid Of EV Battery Degradation. It's All The Nissan Leaf's Fault
It’s unclear if this version will head to the U.S., but it shows how global car companies are leaning on Chinese tech.
Photo: Toyota
Toyota Delays 2027 Highlander EV As Demand For Gas Model Remains Robust
The Highlander EV was supposed to arrive by the end of this year. It will now have a new launch timeline.