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Mobileye Is A $10 Stock That's 'Hyper-Inflated', Could Collapse In 6 Months: Chowdhry
Friday, September 16, 2016 - 10:02am | 340Trip Chowdhry of Global Equities Research cautioned investors to "get out" of Mobileye NV (NYSE: MBLY) stock as it "may collapse sooner than 6 to 8 months." In a report, Chowdhry blasted Mobileye and its business practices that highlight its "stupidity."...
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Car Companies Turn To Israel To Power Their Self-Driving Technology Needs
Tuesday, August 23, 2016 - 3:19pm | 396When Uber, Ford Motor Company (NYSE: F), Tesla Motors Inc (NASDAQ: TSLA) and other auto manufacturers need to improve their self-driving technology needs, they all turn toward the nation of Israel. According to Venture Beat, there have been a "flurry of moves" by car and transportation companies...
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Is Uber Beating Google In The Autonomous Driving Race?
Friday, August 19, 2016 - 9:56am | 390Uber may be the current leader in the autonomous driving race, as its customers can hail a fully automated, self-driving Volvo AB (ADR) (OTC: VOLVY) SUV in a pilot project that will start this month. On the other hand, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and its Google unit are still...
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Uber's Goal: Replace 1 Million Human Drivers With Robot Drivers ASAP
Thursday, August 18, 2016 - 9:21am | 493Uber's long-term business model is quite simple: Replace human drivers with a fleet of autonomous cars. Many have speculated this would be done, so Uber doesn't have to participate in any revenue-sharing agreement with its contracted drivers. The concept may seem far-fetched or too futuristic for...
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Is The Selloff In Mobileye Overdone?
Tuesday, July 26, 2016 - 11:04am | 459Mobileye NV (NYSE: MBLY)'s stock plunged more than 13 percent Tuesday morning after the company said its partnership with Tesla Motors Inc (NASDAQ: TSLA) will not be extended. The Israel-based developer of advanced driver assistance systems and autonomous driving technologies, supplied Tesla...
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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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Tesla Falls 4% Early Friday, Company's Autopilot Feature Linked To Death Of Model S Owner
Friday, July 1, 2016 - 8:30am | 367Shares of Tesla Motors Inc (NASDAQ: TSLA) were trading lower by around 4 percent early Friday morning after various news agencies reported that U.S. auto-safety regulators are examining a fatal crash involving a Model S owner that was driving itself. According to the Wall Street Journal, the...
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Are Engineers Increasingly Picking Detroit As A Workplace Over Silicon Valley?
Monday, June 13, 2016 - 2:36pm | 414When you think of companies heavily investing in self-driving and autonomous vehicles and related technology, you might think of a Silicon Valley startup or tech giant. However, according to the Wall Street Journal, you might be thinking wrong. According to the Journal, Detroit-based Ford Motor...
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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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U.S. Government Announces Self-Driving Program, Will Create Decade Long Program To Support New Technology
Thursday, January 14, 2016 - 3:27pm | 175The U.S. Department of Transportation Secretary Anthony Foxx was a keynote speaker at the Detroit Auto Show on Thursday. According to Engadget, Foxx announced that beginning in 2017, $4 billion will be allocated to create a decade-long program towards advancing the new technology. In an...
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Google And Ford To Jointly Develop Self-Driving Cars
Tuesday, December 22, 2015 - 10:00am | 188Alphabet Inc (NASDAQ: GOOG)'s Google and Ford Motor Company (NYSE: F) will team up and jointly develop self-driving vehicles, according to a report by Yahoo Autos. The partnership is expected to be announced by Ford at the Consumer Electronics Show in January. The partnership appears to...
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Elon Musk: Self-Driving Vehicles Will Be Ready In Just Two Years
Monday, December 21, 2015 - 3:55pm | 214Self-driving and fully autonomous vehicles represent the future of transportation – and that future could be a reality within just two years, according to Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk. Speaking to Fortune, Musk said his company has "all the pieces" in...
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Wall Street Backs Mobileye
Thursday, December 17, 2015 - 11:57am | 601Shares of Mobileye NV (NYSE: MBLY) gained more than 5 percent Thursday morning. Tesla Motors Inc (NASDAQ: TSLA) shot down rumors that it has plans to replace Mobileye's technology in its cars. Several Wall Street firms reiterated a bullish stance on Mobileye despite Citron Research...
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Tesla Stands By Mobileye In The Face Of Scrutiny And Short Sellers
Thursday, December 17, 2015 - 10:43am | 739Shares of Mobileye NV (NYSE: MBLY) sold off on Wednesday after notable short-seller Citron Research named the company its top short for 2016. However, Mobileye's stock gained more than 4 percent Thursday as Tesla Motors Inc (NASDAQ: TSLA) said it will continue using Mobileye's driver...
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Introducing The $1 Trillion TaaS Industry (And Why Tesla Could Dominate)
Monday, August 17, 2015 - 3:04pm | 495In an e-mail to clients on Monday, Global Equities Research analyst Trip Chowdhry explored Tesla Motors Inc (NASDAQ: TSLA)'s potential in the $1 trillion future TaaS (Transportation-as-a-Service) industry. According to Chowdhry, Tesla, along with Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)...