Tesla Raises Money, Drones Get Certified, and More Car News This Week

Sometimes going back to the drawing board ain’t so bad. This week, Tesla shares took a much-needed hop as the company announced an effort to raise a small mountain of capital to keep the electric carmaker climbing. At first, the offering sat around $2.3 billion, but the company pushed it up to $2.7 billion amid investor enthusiasm. Drone companies, meanwhile, got hyped for the future, as a new certification from the FAA presented new opportunities—and new questions about how the government will regulate the autonomous flying delivery bots. Other times, the drawing board is less than great. Lyft will have to rethink its strategy in New York City, one of its largest markets, after a judge denied its petition objecting …

Teslas Disappointing Numbers and More Car News This Week

Allow me to get a bit philosophical here: History is only smooth in retrospect. Few earth-shaking shifts are inevitable. A few steps forward, some more back. Change only looks easy from a rocking chair. Which is all to say, it was a rocky week for electric vehicles, the motorized transports that are supposed to help us save the planet. Tesla underperformed in its first quarter production and delivery numbers, pulling that one-step-back routine after taking two steps forward in late 2018. The automaker attributed the discrepancy between vehicles produced and vehicles delivered to its overseas shipping operations, but that didn’t stop us from wondering: Is it possible that fewer people want to buy Teslas? WIRED also this week got a …