News Posts by Seth Fitzgerald

Uber Targeting 2019 For IPO

Uber plans to go public by 2019, says CEO Dara Khosrowshahi, speaking at The New York Times' Dealbook conference. He says an IPO is part of his plan for the company. In August he attached an 18-36 month range to the initial offering and now he's firmly setting 2019 as the date.

Tesla Releases A 'Chill' Driving Mode

For people who don't quite need all of the significant power that comes with Tesla's performance-centric driving modes, the company has rolled out a "chill" mode. When enabled, it offers a "gentler ride" due to its smoother and "more gradual" acceleration.