Verne is the newest participant in the race to develop a fully autonomous, boundary-free EV robotaxi, and it comes at the hands of Rimac.
A sensation in the realm of EV supercars, Rimac is synonymous with ultra-luxurious electric vehicles that push the boundaries of performance, if you’re willing to pay the price.
Now, the company’s founder, Mate Rimac, and two of his closest colleagues from Rimac Group, both Marko Pejković and Adriano Mudri, have launched Verne, the company’s crack at an autonomous robotaxi that will be launched in Zagreb, Croatia, in 2026.
Mudri has been named Chief Design Officer at Verne, while Pejković takes over as CEO of the new venture. Its goal: built a fully autonomous EV, enable it as a mobility service platform, and build an adequate infrastructure to support it.
Fully Autonomous EV
Verne will launch a vehicle that is built upon a completely new platform that is designed around safety and comfort, two factors that the company feels are most important in the robotaxi experience.
Completely engineered from the ground up, Verne will develop an autonomous EV using Mobileye Drive, an autonomous platform.
Starting from scratch and building what it believes will be fully operational within two years, the platform is free of any compromises and disadvantages that would come from developing a groundbreaking vehicle type with scraps inspired by a vehicle designed for human driving.
Mobility Service Platform (MSP)
Tailored for driver-free pickup, passengers are the first thought in Verne’s initial development. Of course, this is no different than traditional ride-hailing services that exist today, but without a human controlling the wheel, things need to be different.
Before ordering a ride, the Verne app will allow users to completely personalize everything. From temperature to comfort to lighting to scent, those who request a ride from a Verne EV can choose everything.
Infrastructure
Verne will expand past Zagreb in the coming years, and each city where the company operates will be the home of the “Mothership,” where every vehicle is inspected, maintained, cleaned, and charged.
Verne’s first production facility for the new EV will be in Croatia. The cars will be deployed worldwide.
New Leadership
Mudri has huge expectations for Verne, which is named after Jules Verne, an author who is said to be “the man who invented the future”:
“Just as he used the theme of travel as the driving force in his storytelling, we use it as our inspiration in shaping a future filled with imaginative innovation and tangible achievement. His faith in the future and his spirit sparked the curiosity in generations of scientists and explorers. Making things that sometimes seem impossible, possible.”
Mate Rimac said the goal for Verne is to have more than just Point A to Point B transportation:
“The end result would be the best possible mobility experience for everyone. This means that every customer will have a better service than the best mobility service enjoyed by the very rich, through the service that is affordable for all. You will have a safe and reliable driver, a vehicle with more interior space and comfort than the best limousines today, and a service that will be tailored to your needs in every possible way.”
Robotaxi Design
Verne’s robotaxi vehicle will have two seats and an interior concept that “completely redefines” past narratives about interior space. Mudri said that 9 out of 10 rides through ride-hailing services are used by 1 or 2 people:
“Therefore, we can satisfy most of all trips with a two-seater and create unmatched interior space in a compact-sized vehicle. We completely redefined interior space. More space than a Rolls-Royce to relax and spend your time well.
It will also feature things like music and movies with an ultrawide screen and 17 speakers for enhanced audio.
As for the exterior, it will be sleek, with deeply integrated cameras, radars, short and long-distance-lidars, no windshield wipers, and no side-view mirrors:
Čestitamo Mati Rimcu i njegovom timu na izradi prototipa budućeg autonomnog električnog vozila, “Verne”! Ponosni smo na još jednu ?? inovaciju koja će mijenjati svijet. Podupiremo ulaganja koja povezuju digitalnu i zelenu tranziciju i ostvaruju ciljeve 5️⃣.industrijske revolucije. pic.twitter.com/3yK73MESr7
— Andrej Plenković (@AndrejPlenkovic) June 26, 2024
“This makes the aerodynamic performance more efficient and allows for easier cleaning. One typical element of an automobile we kept is the trunk. So you don’t need to worry if you‘re going to the airport with a lot of luggage or just finished a major grocery shopping.”
There’s a long way to go, a lot of competition, and so many variables that come into play with this new project.
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Investor's Corner
Tesla and SpaceX take “Terafab” Trademark fight to Federal Court
Tesla and SpaceX sue a small Illinois firm after cease and desist letters over Terafab.
Tesla and SpaceX are asking a federal judge to rule that their planned Terafab chip factory does not infringe a small Illinois company’s trademark, a request that arrives only after months of quiet negotiation broke down this summer.
The dispute traces to May 18, when Tesla filed three U.S. trademark applications for “Terafab” and “Tesla Terafab,” covering semiconductor chips and related chip making services. TERA-print LLC, a nanotechnology company that has held a federal trademark for “Tera-Fab” since 2021, responded five days later with a cease and desist letter. According to the lawsuit, first reported by Reuters, TERA-print argued that Tesla and SpaceX’s use of “Terafab” would confuse consumers familiar with its own trademark, which covers a desktop photolithography printer sold to researchers for sensor and bioengineering work.
What stands out in the filing is the timing of TERA-print’s own paperwork. One day before sending that cease and desist letter, on May 22, TERA-print applied to expand its existing registration to cover semiconductor materials, silicon chips, nanoelectronic devices and AI design services, categories it had not previously claimed. Tesla and SpaceX call that filing opportunistic in their complaint, noting it arrived two months after Tesla’s public Terafab announcement and just days after Tesla’s own trademark applications went in.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
By June 10, TERA-print was threatening to sue for federal trademark infringement, false designation of origin and unfair competition, the complaint states. Rather than wait to be sued, Tesla, SpaceX and SpaceXAI met with TERA-print six separate times between June and August trying to resolve the dispute directly. Those talks collapsed, and the companies filed for declaratory judgment this week in the U.S. District Court for the Western District of Texas, asking a judge to find that “Terafab” does not infringe TERA-print’s mark before TERA-print can file a claim of its own.
TERA-print isn’t backing down. The company told PCMag it discussed a settlement with Tesla as recently as September 2 and feels misled by what it called Tesla’s professed interest in settling. Its CTO, Andrey Ivankin, said TERA-print holds a Defense Department contract to fabricate semiconductors and partially owns Mattiq Inc., an AI company built on TERA-print’s products, and that the company will vigorously defend its rights.
Tesla and SpaceX argue the overlap is superficial. Terafab is planned as a $16.8 billion complex spanning roughly 100 million square feet at the Grimes County site SpaceX confirmed last month, built to produce chips for Optimus robots, Tesla’s AI computing needs and SpaceX’s orbital data center ambitions, a scale and purpose the companies say no reasonable consumer would confuse with a tabletop lab printer. TERA-print’s product line has stayed focused on lithography tools for biological and sensor research since it registered its mark in 2021.
The trademark fight is the second legal dispute tied to the Terafab project in the past week, following a separate SpaceX suit aimed at keeping company records about the facility out of public view, as KBTX reported. Whether construction proceeds under the Terafab name now depends on a federal judge in Austin.
News
NHTSA just escalated its Tesla Cybercab investigation in a big way
NHTSA escalated its Cybercab audit into a sworn Special Order with a September 30 deadline.
Federal regulators have moved from asking Tesla questions about its Cybercab to demanding sworn answers. The National Highway Traffic Safety Administration issued a Special Order that requires a Tesla officer to sign an affidavit attesting to the completeness of the company’s responses, with a deadline of September 30.
The order builds on Audit Query AQ26002, which NHTSA opened on September 3, the same day Tesla began commercial Cybercab service in Austin. Teslarati covered that initial inquiry when it surfaced, noting the agency wanted to understand how Tesla certified a vehicle with no permanently attached steering wheel, pedals, or mirrors as compliant with Federal Motor Vehicle Safety Standards. A Special Order is a different tool and converts a fact finding review into a legally enforceable demand, the same mechanism NHTSA used against Tesla in 2023 during its Autopilot investigation.
Several of the 21 requests target a specific gap in Cybercab’s design. One asks whether Tesla used temporarily attached human controls at any point to help certify the vehicle, and if so, which standards depended on that equipment being present. Another quotes an existing rule directly: “The service brakes shall be activated by means of a foot control.” Cybercab has no foot pedal. NHTSA wants a detailed explanation of how the vehicle satisfies that requirement, and how it complies without the kind of exemption granted to Zoox in July under Part 555, the regulatory pathway built for steering wheel free vehicles.
The order does not claim Cybercab is unsafe or that Tesla broke a rule. It requires Tesla to explain, under oath, the reasoning behind decisions the company already made when it self-certified the vehicle. That distinction matters, but so does the exposure. Motor1’s reporting, summarized here, put potential civil penalty exposure as high as $139 million if NHTSA later finds the certification was flawed, on top of whatever criminal risk comes with a false sworn statement.
Tesla has not said publicly how it plans to respond. Cybercab is still carrying passengers in Austin through the Robotaxi app while the September 30 deadline approaches, and the company has continued expanding the vehicle’s footprint even as the regulatory question remains open. The Special Order does not pause any of that and just sets a date by which Tesla has to put its certification logic on the record, with a company officer’s name attached to it.
In a new interview on Wednesday, Tesla uber bull Ron Baron said that anyone looking to buy the company’s stock should do so as soon as they can.
Baron, founder and CEO of Baron Capital and one of Tesla’s most persistent institutional bulls, used a CNBC Squawk Box appearance on Wednesday to deliver a familiar message with fresh urgency: In his opinion, Tesla stock is a buy:
“The time to buy the stock is now. FSD is catching on, and it’s going to be bigger and bigger. 55% of new buyers are buying it (Teslas) with FSD. It’s going to be everywhere. It’s safer.”
The Baron Capital frontman’s case is built around Full Self-Driving. Tesla reported 1.48 million active FSD subscriptions in the second quarter, up 56 percent year over year, and company officials have said roughly 55 percent of new North American deliveries left with a subscription enabled.
Baron framed that attach rate as proof the product is moving from enthusiast extra to default expectation, and as a reason software, not just vehicle volume, should drive the next phase of value.
His conviction on Tesla shares is not theoretical, as Baron Capital made its first Tesla investment in 2014, after years of meetings that began around the 2010 IPO roadshow. The firm later built a large SpaceX position starting in 2017.
Ron Baron today in new interview on Tesla:
“The time to buy the stock is now. FSD is catching on, and it’s going to be bigger and bigger. 55% of new buyers are buying it (Teslas) with FSD. It’s going to be everywhere. It’s safer.” pic.twitter.com/Rv5PB0bVZ2
— Sawyer Merritt (@SawyerMerritt) September 16, 2026
Baron said those Musk-led bets have generated about $30 billion of the $71 billion in profits Baron Capital has produced for clients. He put the firm’s current exposure at roughly $25 billion in SpaceX and $5 billion in Tesla. Personally, he described SpaceX as his largest holding, at about $5 billion, with about $1.5 billion in Tesla and additional Tesla exposure through the firm’s funds.
That concentration is also a statement of loyalty. Asked about talk of a SpaceX-Tesla combination, Baron said he had already walked Elon Musk through arguments for and against a deal, then declined to repeat them on air. His public position was simpler: “Whatever you decide is better is what I’m going to support,” he said to Musk.
Baron also said that he picked up the farewell edition of the Model S after Tesla decided to sunset the vehicle earlier this year, calling it his favorite car he’s ever driven.
Tesla and SpaceX take “Terafab” Trademark fight to Federal Court
NHTSA just escalated its Tesla Cybercab investigation in a big way
