Filings: Caterpillar acquires self-driving electric tractor startup Monarch Tractor's assets, after it raised $200M+ and struggled to pivot to software services
Monarch Tractor's assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business …
Confirming Bloomberg's report from last night that Monarch Tractor is finally kaput, acquired by Caterpillar. — All four companies Foxconn once promised to build vehicles for at the former GM plant in Lordstown are now dead. (Fisker, Lordstown Motors, and, lol, IndiEV) — tec…