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Where The Lyft-Waymo Deal Steers Ride-Hailing
Sunday, May 21, 2017 - 12:37pm | 626Last 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...
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Assessing The Threat Waymo And Lyft Pose To Tesla
Thursday, May 18, 2017 - 8:24am | 406The 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...
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A Look At Uber's New AI Research Team
Monday, May 8, 2017 - 12:56pm | 333Uber, 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...
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The Current Legal Minefield In Automated Autos
Sunday, March 5, 2017 - 2:20pm | 703The 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...
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When Will We See Fully Autonomous Vehicles? This Famous Hedge Fund Manager Thinks It Will Take 20 Years
Thursday, March 2, 2017 - 4:09pm | 795More 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...
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Google Shifting Away From Self-Driving Car: Good News For Tesla?
Tuesday, December 13, 2016 - 12:24pm | 333It 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...
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This Video Of Tesla's Complete Autonomy Will Blow Your Mind
Thursday, October 20, 2016 - 3:57pm | 200Tesla 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...
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Mobileye's Technology Not Suited For Autonomous Driving
Tuesday, September 20, 2016 - 1:25pm | 360Trip 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...
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Delphi Automotive: The Less Heralded Autonomous Driving Play
Friday, September 16, 2016 - 12:28pm | 390At 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:...
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Analyst: Tesla Autopilot's Switch From Camera To Radar Bad News For Mobileye
Monday, September 12, 2016 - 10:20am | 376Over 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...
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Why Mobileye Investors Could Be The Biggest Winners In The Autonomous Auto Race
Thursday, August 25, 2016 - 10:16am | 498The 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...
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Delphi And Mobileye Create 'Win-Win' Partnership
Wednesday, August 24, 2016 - 3:01pm | 409A 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...
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6 Degrees Of Self-Driving Separation
Wednesday, August 24, 2016 - 12:48pm | 505The 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...
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Even Staunch Supporters Of Tesla's Autopilot Find Recent Events Troublesome
Thursday, July 7, 2016 - 8:40am | 411Autonomous 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...
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Could It Soon Be Illegal To Drive Your Car?
Friday, June 10, 2016 - 9:06am | 363It 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...