Last night, Elon Musk unveiled the second part of his "Master Plan," 10 years after introducing his first one. The details: Teslas will use solar-powered roofs (hence the SolarCity deal) to integrate with batteries, and the company will eventually make electric cars and buses. Additionally, the whole fleet will be self-driving, and Tesla owners will be able to rent out their cars for money when they aren't using them.
[Johana Bhuiyan | Recode]
Last night, Ted Cruz refused to endorse Donald Trump onstage at the convention, and he got booed severely for it. Before that, conservative pundit Laura Ingraham gave what looked like a "sieg heil" salute to an image of Donald Trump. Tonight, Peter Thiel will get onstage to make the argument for Trump, much to the horror of Silicon Valley .
[Andrew Desiderio | The Daily Beast]
On the new Recode Media podcast with Peter Kafka, media entrepreneur Gary Vaynerchuk talks about why he "cannot wait" for the startup bloodbath that he sees around the corner. What's more, he says that investors (including him) are the ones who deserve the blame.
[Eric Johnson | Recode]
As part of Airbnb's efforts to get a handle on the pervasive discrimination that happens on its service, the company has added former Obama administration Attorney General Eric Holder to an outside team contracted to help write its new anti-discrimination policy.
[Noah Kulwin | Recode]
Didi Chuxing and Uber are burning crazy amounts of cash to compete against one another in China, and some investors in both companies are getting tired of it. A number of institutional investors in both companies are pushing the ride-hailing giants to sign a truce with one another in the country.
[Alex Barinka, Eric Newcomer and Lulu Yilun Chen | Bloomberg]
