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Industry

Toyota sets up joint venture with Joby to produce eVTOL air taxis

Toyota and U.S. electric vertical takeoff and landing aircraft developer Joby Aviation are starting a strategic manufacturing partnership to enable commercial production of electric air taxis. The companies have set up a joint venture, Joby Toyota Aero Manufacturing Preparation Company, to build production systems and improve productivity, quality and cost competitiveness. Toyota will own 51 percent and Joby 49 percent. The announcement did not include specific production targets, timelines or profitability plans.

Mobility

Tesla FSD at $99 a month seen as worth it on HW4, users say

Tesla has ended sales of a perpetual Full Self-Driving (FSD) licence and moved to a $99-a-month subscription model, with users reporting it feels worth the cost on vehicles with the latest HW4 hardware. One driver who used both a 2019 Model 3 and a 2026 Model Y said performance differs sharply by hardware generation as updates focus on HW4. The user praised FSD V14 but said it still requires driver supervision and criticised Tesla’s pricing policy.

AI & Enterprise

Musk warns of memory supply shortage, says AI chip prices surging to unseen levels

Rising demand for memory and storage driven by the spread of AI data centres is pushing up component prices and spilling over into higher prices for consumer electronics, the report said. Apple has begun raising prices for some products, and Elon Musk echoed concerns that memory shortages are a key bottleneck across the AI industry. Microsoft also announced Xbox price increases. The article also points to pressure on power and cooling infrastructure from large data centres.