However, the race for auto tech talent is no less fierce among tech corporations and startups, with Apple and Tesla engaged in a fierce poaching war since 2015.
Meanwhile, the Google/Waymo car project’s compensation for early staffers were reportedly so generous that they disincentivized employees from staying on for financial security (see the blurb below). This has apparently contributed to the exodus of Waymo alums to found startups such as Otto, Argo, Nuro, and Aurora.
This week in auto tech
Aside from Ford’s megadeal, we saw a healthy number of other deals, including:
Corporate VC investments from BMW (Fair.com), Bosch (TetraVue), and GM (NanoSteel)