Autonomous trucking company Kodiak Robotics to go public: What it means and why it matters

Tesla's FSD Deployment, Kodiak Robotics' SPAC Merger, And Rivian's New Deal: This Week In Mobility - Amazon.com (NASDAQ:AMZN), Ares Acquisition (NYSE:AACT)

The past week has been a rollercoaster ride in the tech and auto industry. From Tesla Inc. (NASDAQ: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 f…

Autonomous trucking company Kodiak Robotics to go public: What it means and why it matters

Kodiak Robotics, a startup developing autonomous truck technology, is planning to go public via a merger with Ares Acquisition Corporation II, a special purpose acquisition company (SPAC). The deal values Kodiak at approximately $1.1 billion in net proceeds and $2.5 billion in total equity value, according to statements from the company. While the transaction is […]