Hi, everybody. Welcome to Shift, a podcast about mobility. I'm Pete Bigelow, your host and reporter

of the automotive news. My guest on the podcast today is Edwin Olson, CEO of May Mobility,

the Toyota-backed autonomous vehicle company that appears poised for substantial growth here in

2025. We came to the market with a really contrarian view about how to build the technology,

and we've spent the last eight years proving that this approach of building an AV can work.

And now that we have launched three driver outsites, we really view this as the time to start scaling A.B. can work. And now that we have launched three driver outsites,

we really view this as the time to start scaling commercially. First, though, we have a look at

this week's headlines in the mobility sphere. And that starts with a rundown of what

another CEO in the Robotaxie space, let's call him Elon Musk, is up to this week.

And for that, I am happy to welcome my colleague, Lonnie Eilif.

Lonnie, how are you today?

I'm doing great, great to be here.

Good. Thanks for coming back.

You know, I think trying to think of the last time you were here is probably more recent than mid-December, but let's say mid-December Tesla stock was $4.79 a share, December 17th.

And with the caveat that we're recording this on a late Thursday afternoon, and there's still

tomorrow to go in this week's market as of the closed Thursday, Tesla stock at 24068 a share.

What's up with the dramatic fall there?

Yeah, obviously, there was a lot of euphoria coming out of the election of President

Donald Trump with Elon by his side, a big contributor and now an advisor to Tesla. And the idea was that

kind of the Trump train was going to carry Tesla to new heights. And it certainly did in the

stock market. You know, deregulation, autonomous vehicles, for sure, that's going to be very important

to Tesla and Elon Musk. And a booming economy, right? I mean, that's going to be very important to Tesla and Elon Musk and a booming economy,

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