All posts tagged: luster

How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster

How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster

In July Michael Puglia drove home with what seemed like the coolest vehicle he’d ever own — a Ford F-150 Lightning electric pickup truck. It was big enough to haul around his children and all their hockey gear. He’d never have to gas it up, and the ride was exhilarating. “It’s unbelievably fast and responsive,” said Mr. Puglia, a pediatric anesthesiologist in Ann Arbor, Mich. “The technology is amazing.” But as cooler weather arrived, the truck’s range — or how far it could travel before needing to be plugged in — dropped significantly. Once, after Mr. Puglia had driven 35 miles to an ice rink, his range fell by 73 miles. Another time, a 60-mile jaunt reduced his range by 110 miles. Several trips to the dealership for software updates didn’t fix the problem, leaving Mr. Puglia wondering whether he should keep the $79,000 truck. “People say ‘range anxiety’ — it’s like it’s the driver’s fault,” he said. “But it’s not our fault. It’s actually they’re not telling us what the real range is. The …

Is the Texas boom town of Austin losing its luster?

Is the Texas boom town of Austin losing its luster?

Texas has been historically known for its oil booms. Today the state is perhaps better known as a magnet for tech companies and tech talent, especially in its capital city of Austin. But with some startups pulling up stakes, and critical industry participants curtailing their activity in Austin, the Texas dream of taking on tech’s traditional home in California could be hitting some speed bumps. TechCrunch has exclusively learned that after a decade in the Texas capital, startup accelerator Techstars is pumping the brakes on its Austin chapter. Managing Director Amos Schwartzfarb, who’s been with Techstars in Austin for eight years, announced that he’s leaving the company; his last day will be February 15. That forced Techstars — which has run 15 programs in Austin — to make a decision about the company’s future in the city.  “Unfortunately, we are pausing the Techstars Austin accelerator,” Techstars spokesperson Amalia Lytle confirmed, adding that the organization did not know for how long the chapter would be on hold. Once Schwartzfarb made the decision to leave, Techstars decided …