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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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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...
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Is Baidu A New Threat To Automakers?
Friday, June 3, 2016 - 10:55am | 312Baidu Inc (ADR) (NASDAQ: BIDU) is one of China's most important eCommerce companies through its Chinese-language search platform that commands an 80 percent market share. So why is it now a competitive threat to global automakers? Baidu's Senior Vice President Wang Jing said on Friday...
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3 Best Ways To Invest In Driverless Car Technology Today
Wednesday, May 18, 2016 - 4:49pm | 399There’s no question that advanced driver assistance systems (ADAS) are poised for tremendous growth in coming years, but there's no reason to wait for the rubber to hit the road to invest in this new technology. Baird analyst Tristan Gerra sees three focus areas for investors looking to...
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How To Try Tesla's Autopilot Before Buying It
Wednesday, April 20, 2016 - 2:12pm | 364If you already own a Tesla Motors Inc (NASDAQ: TSLA) Model X or Model S but don’t want to shell out $3,000 to add the popular Autopilot feature, Tesla has some good news. If you’re curious about what you’re missing, the company is currently offering a free 30-day trial for...
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Autonomous Driving Could Actually Help Traditional Automakers: Here's How
Monday, March 28, 2016 - 10:07am | 344In a new report, Deutsche Bank analyst Rod Lache discussed the impact that driverless cars will have on the U.S. auto industry. According to Deutsche Bank, 8.2 percent of all Americans and up to 61 percent of those living in urban settings will find autonomous vehicles cheaper and more convenient...
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Maybe Fiat's CEO Just Isn't Interested In Auto Industry Future
Monday, March 7, 2016 - 2:51pm | 573Despite previous reports that Fiat Chrysler Automobiles NV (NYSE: FCAU)'s CEO Sergio Marchionne is interested in aiding Apple Inc. (NASDAQ: AAPL) in developing a vehicle, new information has surfaced regarding the automaker CEO's interest in the industry's future. According to a CFA...
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Tesla Analyst Calls Model X Test Drive 'Incredible'
Monday, March 7, 2016 - 11:37am | 722Tesla Motors Inc (NASDAQ: TSLA)'s Model X may be everything its publicized to be, according to a recent note by Dougherty & Company LLC's Andrea James, "In general, I think the Model X handles great," James stated, "which means that car people will love the car and...
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Ford To Create Driverless Cars In A League Of Its Own
Wednesday, January 6, 2016 - 10:30am | 370On Tuesday, Ford Motor Company (NYSE: F) CEO Mark Fields remarked that he expects to see driverless cars hit the roads within the next five years. However, the catch was that those cars won't be bearing a Ford emblem. Fields was referring to companies like Daimler AG (OTC: DDAIF) and Tesla Motors...
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How To Invest In Driverless Cars In 2016
Tuesday, December 22, 2015 - 8:37am | 523Autonomous car technology has been a much-watched technology over the past year as several companies vied to become the first firm to release a driverless car. While cars that can operate without a human at the controls are still a part of the very distant future, driverless car technology is...
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Can The Motor City Make A Comeback With Driverless Technology?
Tuesday, July 21, 2015 - 10:29am | 360Detroit has lost its luster over the past few years, but the advent of a new autonomous vehicle testing ground at the University of Michigan could turn the city's gloomy fate around in the coming years. Several interested companies including Toyota Motor Corp (ADR) (NYSE: TM), Honda Motor...
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Mercedes-Benz Wants To Lead The Way To Driverless Cars
Friday, January 16, 2015 - 3:12pm | 592Daimler AG's (OTC: DDAIF) Mercedes-Benz division is one of many automakers looking to break new ground in building a fully autonomous automobile. Will it be the first? Ola Källenius, who joined Daimler AG's board of management on January 1, spoke about this and other topics at the...
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Google's Driverless Cars Have An Unexpected Enemy: Snow
Thursday, January 15, 2015 - 5:30pm | 598Google Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) is eager to bring more driverless cars to the road -- but don't expect to see one if you live in an area where it snows. Chris Urmson, director of Google's self-driving car initiative, told Automotive News World Congress attendees that the...
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Did Steven Spielberg's 'Minority Report' Predict Google's Self-Driving Cars?
Thursday, January 15, 2015 - 12:54pm | 428Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is at the forefront of driverless car development, but the project didn't begin until after a futuristic movie hinted at what the future might hold. "Minority Report," directed by Steven Spielberg, told the story of a unique police unit...
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5 Reasons Why Automakers Shouldn't Fear Google Inc's Driverless Car
Wednesday, September 10, 2014 - 9:09am | 926Google Inc’s (NASDAQ: GOOG), (NASDAQ: GOOGL) driverless car creates the feeling that anything's possible. Last spring, Google announced that it is “mastering city street driving,” an effort toward building a future in which cars can drive themselves in any set of conditions...