Uber and Lyft are once again in competition as they have both applied for San Francisco’s limited scooter-sharing permits — and while there are overarching similarities in their plans, there are also some key differences, including picking different scooter manufacturers.
The big picture: In total, 12 companies have applied for five permits, including scooter-centric startups Bird and Lime, original scooter brand Razor, and some lesser-known newcomers in addition to the two ride-hailing giants.
Tesla CEO Elon Musk told employees in an email on Friday night that "radical improvements are still needed" in order to hit the company's quarterly target for Model 3 production, CNBC reports.
Why it matters: Musk has been under pressure to meet his pledge of hitting a production rate of 5,000 Model 3s a week by the end of this month. Per CNBC, despite Tesla "repeatedly" missing set production and delivery goals, "[m]any investors have faith in Musk's vision."
