Friday, July 28, 2017

Tesla's Model 3 arrives today. It's The Daily Crunch.

THE DAILY CRUNCH
FRIDAY, JULY 28 2017 By Darrell Etherington

Tesla is delivering the first production Model 3 vehicles to non-Elon Musk customers, Uber's next CEO isn't Meg Whitman and Xiaomi borrows on an international bet. That and more in The Daily Crunch for July 28, 2017.

1. Tesla hands over the first production Model 3s tonight

Tesla is going to hand off the first batch of production Model 3s (besides the very first one, which went to Elon earlier this month) at an event later tonight. This means that after today, the Model 3 is officially on roads.

It's just the starting line for Tesla and the Model 3, however – from here, the automaker has to show that it can ramp responsibly and effectively to a production volume that can begin to satisfy the huge pent-up demand and backlog of pre-orders for the vehicles, which Musk has said extend at least a year or more out.

2. Meg Whitman isn't going to be Uber CEO

HPE CEO Whitman was reportedly shortlisted to lead Uber as its new CEO, but she's not going anywhere, she confirmed via Twitter. Maybe by process of elimination we can figure out who will be the CEO for the ride hailing company after Kalanick's departure, if people keep taking themselves out of the mix.

3. Xiaomi gets a $1 billion international expansion chest

Xiaomi really wants to grow outside of China and it's going to put a new $1 billion loan behind those efforts. Will it pay off? It's been hard for Chinese companies to find success in the U.S. specifically (and vice versa) but Xiaomi has made some progress.

4. SpaceX wants to do its first Falcon Heavy launch in November

It's been pushed back before, but Elon Musk says that the first Falcon Heavy rocket launch is set for November at this point. The massive rocket has a huge lift capacity, and sets the stage for SpaceX's Mars ambitions. Musk himself doesn't expect this one to make it to orbit on its first attempt, however – which means it'll definitely be one to watch.

5. AltspaceVR calls it quits

I think I hear a faint chime, and it's probably the 'time's up!' indicator for virtual reality apps that have had a couple of years to experiment and test the waters. VR is still far from a mature market, and anyone without deep pockets is probably going to hit eject soon.

6. Amazon's The Hub gives apartment buildings a delivery locker

Amazon wants to make ordering stuff online as easy as possible, and these new dedicated lockers for apartment complexes are very much in keeping with that goal. It takes the uncertainty out of getting deliveries, and it's very smart.

7. Google's YouTube TV hits 2 million downloads

Google's streaming TV subscription app has reached 2 million downloads, with installs split pretty evenly between iOS and Android. It's not a rocket ship, but it's making strong progress and has to be of concern to traditional TV providers.

Get more stories at techcrunch.com 

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