• Tag Archives Driverless Vehicles

  • Krafcik Leaves Waymo After Five Years as CEO

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    John Krafcik NADA 2018

    Waymo CEO John Krafcik is way gone, announcing his departure and the company’s plans to move the current COO and CTO into the role of co-CEO.

    Add “former” to the title of Waymo CEO John Krafcik, who announced today he’s left the company.

    The former Hyundai Motor America chief spent five years heading up the autonomous vehicle subsidiary of Google, which, according to his farewell on LinkedIn, “was called ‘Chauffeur’ internally.”

    Tekedra Mawakana and Dmitri Dolgov, of whom Krafcik said “having seen their brilliance, vision, and commitment in play for years — I assure you they are very well suited for this,” take over as co-CEOs of the Mountain View, Calif.-based AI-focused company. As is often the case with senior executives, Krafcik will stay on in an advisory capacity.

    “So now, with the fully autonomous Waymo One ride-hailing service open to all in our launch area of Metro Phoenix, and with the fifth generation of the Waymo Driver being prepared for deployment in ride-hailing and goods delivery, it’s a wonderful opportunity for me to pass the baton to Tekedra and Dmitri as Waymo’s co-CEOs,” he wrote.

    Next steps

    Waymo co CEO Tekedra Mawakana

    Waymo named former COO Tekedra Mawakana as its new co-CEO to replace Krafcik.

    Krafcik didn’t offer many details what the future holds, although it could be that he’s uncertain himself. He said he and his wife, Leila, will take a “coupbatical,” which he described as “a refresh period where we look forward to reconnecting with old friends & family, and discovering new parts of the world.

    “After that, we’ve got a few ideas for focus and contribution that we’ll flesh out together and share when the time is right. We’ve already relocated to Austin, Texas, and we look forward to seeing some of you there, or on our travels.”

    Krafcik once headed up Hyundai’s U.S. operations, helping lead the brand through an image renaissance and a period of rapid growth. He even earned the “Automotive Executive of the Year” in 2013. However, his run there ended in late 2013 after the South Korean automaker declined to renew his contract — despite the accolade.

    However, he quickly landed on his feet, taking over as CEO of TrueCar just as the automotive sales and data website was readying to go public. His tenure there was short, however, as he moved on to Waymo, then-Google’s self-driving car project, just a little more than a year later in September 2015.

    Dynamic duo

    Waymo coCEO Dmitri Dolgov

    Waymo CTO Dmitri Dolgov joins Mawakana as co-CEO with Krafcik’s departure.

    As for the company, Mawakana and Dolgov now step into new roles. Previously the COO and CTO respectively, they are described as having “complementary skill sets and experiences.” Due to the nature of their roles, they’re already accustomed to working together.

    Dolgov, who started in autonomy as part of Stanford’s DARPA Urban Challenge team, joined the company in 2009, when it was still referred to as Google’s self-driving car project. Over time, his influence and responsibility grew. He became CTO late in 2016.

    Mawakana, joined­­ Waymo as a policy lead. Prior to joining the company in 2017, she led global policy teams at eBay, AOL, Startec and Yahoo, after beginning her career as Washington, D.C.-based law firm Steptoe & Johnson LLP.

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  • Tesla Chooses Texas for Next Gigafactory

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    In case you were wondering if Texas or Oklahoma was the site for the new Gigafactory, that’s Gov. Greg Abbott of Texas on the left.

    Things are coming up roses for Tesla these days – yellow roses – as the California-based EV maker announced it will build its next Gigafactory on a 2,000-acre plot of land just outside Austin, Texas.

    Tesla CEO Elon Musk revealed the choice – Tulsa, Oklahoma was the other finalist – during the company’s second quarter earnings call. He said the site, which is on the banks of the Colorado River, would be an “ecological paradise” with a hiking and biking trail open to the public, should open sometime next year.

    The plant, dubbed GigaTexas, will build a variety of vehicles, including the new Cybertruck and the Tesla semi. It will also handle Model 3 and Model Y production for the eastern half of North America. He also noted that Tulsa could still be in line for a future factory. After announcement, Musk was quick to point out the company will still grow in California.

    (Tesla reports $104M Q2 profit; fourth consecutive quarter of profits.)

    “We expect California to do Model X and S for worldwide consumption, and 3 and Y for the western half of North America. We also think the Tesla Roadster … would make sense in California. I think this is a nice split between Texas and California.”

    Tesla’s Cybertruck is one of four products that the company will build at GigaTexas once it’s complete.

    In addition to what is going to get built where in the U.S., Musk addressed potential future products and how they fit into the company’s plans.

    “It would be reasonable to assume we’d make a compact vehicle of some kind, and probably a high capacity vehicle of some kind,” he said. “These are likely things at some point. I do think there’s a long way to go with 3 and Y, Cybertruck and semi. There’s a long way to go with those. I think we’ll do the obvious things.”

    While future product is critical to the company’s long-term growth, Musk says he’s got his eyes on a short-term prize: full-self driving. The CEO has long predicted that (insert year here) will be when FSD will be available in vehicles.

    However, after years of missed deadlines, the company may be on track to meet his latest goal of having it available sometime this year. He called it the “most important thing” on his very full agenda, adding “everything else is pretty small by comparison.”

    (Texas offers Tesla $80M in incentives for new gigafactory.)

    Musk has been selling the FSD to buyers for several years now but increasing the price for the dormant technology during the past few years, starting at $5,000 to add it and now it sits at $8,000 and it’s going to get pricier as it gets closer to launch. However, there’s a good reason to charge so much money for the technology, Musk believes, as you’ll get what you pay for — and then some.

    Tesla is getting ready to produce its first heavy-duty model, the all-electric Semi. It, too, will be built at the new plant in Texas.

    “I think the upgrading of the fleet to full-self driving, essentially with an over-the-air software update, I mean may go down as the biggest asset value increase in history as a step change,” he said. “Overnight … you’d have like, I don’t know, a few million cars suddenly becoming five times more valuable.”

    Those vehicles also become an even bigger revenue stream for Musk and Tesla as then he can begin to sell access for services, like shopping, games, movies, etc. that could be used by drivers as they allow their vehicle to drive them to their destination.

    In fact, Musk is using an advanced test version of the technology now and says he can drive from his home to the office without intervention. While he wouldn’t commit to it being ready this year, he suggested he thought it would be, then it would be a matter of governmental approvals.

    (CEO Musk sees big growth coming soon for Tesla.)


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