The Tesla Cybertruck that exploded in Las Vegas and the vehicle used in the New Orleans attack were both rented through the Turo app.
Connection to Turo App
The Cybertruck involved in the Las Vegas explosion and the truck used in the New Orleans attack were both rented via Turo, according to the company.
President Biden's Statement
President Biden mentioned that authorities are investigating a potential connection between the two incidents.
Suspect Identified
The suspect in the New Orleans attack has been named as Shamsud-Din Jabbar, with a criminal record showing prior arrests for theft and driving with an invalid license.
About Turo
Turo allows private car owners to rent out their vehicles, functioning similarly to Airbnb but for cars. The company offers a variety of cars, including popular brands like Toyota, Porsche, and Tesla, and operates in multiple countries.
Investors and Valuation
Notable investors in Turo include American Express, BMW, and Liberty Mutual, along with prominent venture capital firms. The company, valued at $1.5 billion in 2020, filed for an IPO in 2021 but has not yet gone public.
Financial Overview
In 2023, Turo reported nearly $880 million in revenue with an 18% year-over-year growth. Despite a decrease in profits from the previous year, the company continues to expand its operations.
Authorities' Investigation
Authorities are looking into potential links between the Las Vegas explosion and the New Orleans attack, as both incidents involved significant casualties. Tesla CEO Elon Musk suggested that the Cybertruck explosion may have been caused by fireworks or a bomb.
This story is still developing, and updates will be provided as more information becomes available.
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By: aperelli@businessinsider.com (Amanda Perelli,Shubhangi Goel)
Title: Tesla Cybertruck Explosion and New Orleans Attack Vehicle Linked to Turo App Rentals
Sourced From: www.businessinsider.com/turo-rental-app-used-cybertruck-las-vegas-new-orleans-attack-2025-1
Published Date: Thu, 02 Jan 2025 04:06:42 +0000
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