Autonomous Cars

Last week, a deal was confirmed between the ride-hailing service Lyft and autonomous car company Waymo (parent company, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)). While the companies are keeping hush on details, each offered statements confirming the deal. “We’re looking forward to...

The race toward building a fully functioning large-scale fleet of autonomous vehicles intensified this week after Lyft struck a new partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Waymo unit. The question on many investors' minds after the announcement is what impact, if any, this...

Uber, the popular ride-sharing platform that's also heavily engaged in the race to building a self-driving car, is building a new R&D team in Toronto, Canada. According to a Bloomberg report, Uber's new unit will fall within its Advanced Technologies Group. The team will be led by...

The players in the self-driving vehicle space aren't exactly securely in the driver's seat, hands firmly on the steering wheel and controlling every move with foresighted precision. Rather, the self-driving space is left to contend with legal hurdles, in addition to the likes of technological and...

More than half of hedge fund manager and value investor Mohnish Pabrai’s portfolio is composed of shares in General Motors Company (NYSE: GM) and Fiat Chrysler Automobiles NV (NYSE: FCAU). Given his stake in the auto industry, as well as our own cherished stake in the Motor City, Benzinga was...

It shouldn't be brushed off as a coincidence that shares of Tesla Motors Inc (NASDAQ: TSLA) gained more than 4 percent following a report that Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) will no longer develop its own self-driving car. The Information reported that Alphabet's Google...

Tesla Motors Inc(NASDAQ: TSLA) gave us a peak into the future after released an amazing video of its autonomous driving capabilities on its Model S. The video shows a person sitting in the driver seat, only because law requires it. The car does everything, from stopping for pedestrians, merging...

Trip Chowdhry of Global Equities Research trashed Mobileye NV (NYSE: MBLY)'s business last week and even suggested the stock is "hyper-inflated" and worth just $10 a share. On Tuesday, the analyst followed up with a new report that mostly covered an autonomous driving focused conference. For...

At this point, it seems inevitable that driverless cars are the future of the automotive industry. Investors who want to be a part of the transformative and potentially extremely profitable autonomous vehicle era have been piling into popular driverless car stocks like Tesla Motors Inc (NASDAQ:...

Over the weekend, Tesla Motors Inc (NASDAQ: TSLA) announced on its blog that it will be making a major strategy shift in its autopilot technology. Tesla has been adding radar hardware to all of its vehicles since late 2014 to be used as a supplementary sensor to the camera and image processing...

The race to create the world’s first fully autonomous vehicle is still in its infancy, with Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Tesla Motors Inc (NASDAQ: TSLA) and even Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) in on the competition. There seems to be little...

A day after Mobileye NV (NYSE: MBLY) and Delphi Automotive PLC (NYSE: DLPH) announced their alliance to develop the SAE Level 4/5 automated driving solution, CLSA analysts Emmanuel Rosner and Andrew Fung termed it a "win-win" partnership. The brokerage maintains a Buy rating on Mobileye shares with...

The six degrees of separation theory is a theory that each person in the world can be connected to every other person in the world in only six steps. The same theory could easily apply to the self-driving car industry. In fact, all the major players in autonomous driving can be connected in much...

Autonomous and self-driving cars are in the very early stages of adoption and many users are making a grave, and in at least one case deadly, decision to let the computer do all the driving. The National Highway Traffic Safety Administration (NHTSA) is currently investigating what could be the...

It is no doubt that autonomous cars are the future. But, Ziv Aviram, co-founder, president and CEO of Mobileye NV (NYSE: MBLY), went a step ahead and told CNBC that driving will be illegal in another 20 years. Jerusalem, Israel-based Mobileye creates chips, apps and software algorithms, with its...