Elon Musk wasn’t wrong about automating the Model 3 assembly line — he was just ahead of his time – TechCrunch

In 2017, when Tesla announced incredibly ambitious Model 3 production targets of 5,000 Model 3s per week and the beginning of “production hell,” analysts were wary. But Elon Musk insisted he could pull it off, citing hyper-automation — a robotic assembly line — as his secret weapon to increase manufacturing speed and drive down costs.…

Startup Law A to Z: Customer Contracts – TechCrunch

Your startup needs customers to survive. If and when you make sales or generate installs, you are wading into the fast moving stream of commerce and exposing yourself to risk. Well-drafted customer contracts limit your liability and create legally enforceable rights to get paid for your work. In fact, contracts are actually dispute prevention mechanisms,…

Minnie Ingersoll, co-founder of the fast-growing car marketplace Shift, just became a VC in LA – TechCrunch

Minnie Ingersoll has already had an enviable career. After 12 years at Google, working as product manager and later principal with Google.org, she co-founded the venture-backed online car marketplace Shift in 2013, then she left to join the nonprofit Code for America, where she learned entirely new skills, including managing finance and marketing and recruiting.…

Jibo dies a lonely death – TechCrunch

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. The lonely death of Jibo, the social robot The company behind Jibo came to an unceremonious end late last year, in…

Wefox Group, the Berlin-based insurance tech startup, raises $125M Series B led by Mubadala – TechCrunch

Wefox Group, the Berlin-based ‘insurtech’ startup behind the consumer-facing insurance app and carrier One and the insurance platform Wefox, has raised $125 million in Series B funding. Notably, the round is led by Abu Dhabi government-owned Mubadala Ventures (which is also an LP in Softbank’s Vision Fund) and is the first investment from Mubadala’s newly…