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Tesla Full Self-Driving Beta Update Expected In Weeks: Musk
Thursday, October 8, 2020 - 3:47pm | 405Tesla Inc (NASDAQ: TSLA) is working on a general full-self driving solution that would turn its vehicles into autonomous cars capable of driving themselves. Tesla owners can spend $8,000 to purchase the automaker's full self-driving ssoftware package, which is capable of reacting to stop...
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Why Did Ford Acquire A Military Contractor?
Tuesday, July 30, 2019 - 12:57pm | 382Automaker Ford Motor Company (NYSE: F) confirmed Tuesday that it acquired Quantum Signal, a company perhaps best known for helping the military develop software to control robotic vehicles thousands of miles away, Ford Chief Technical Officer Randy Visintainer said in a Medium post. What...
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Apple Bails Out Drive.ai With Last-Minute Acquisition
Wednesday, June 26, 2019 - 11:07am | 341Self-driving startup Drive.ai was days away from shutting down its operations before it was acquired by Apple Inc. (NASDAQ: AAPL), according to The Verge. What Happened Drive.ai was founded in 2015 by machine learning researchers at Stanford University and is among the more exciting...
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Autonomous Developments: May Mobility Raises $22M, Michigan Mobility Institute Appoints Board
Wednesday, February 13, 2019 - 3:10pm | 699The future of transportation unfolded further this week as two major Michigan-based contributors announced developments. Autonomous startup May Mobility reported continued expansion with a $22-million Series A funding round, while the Michigan Mobility Institute appointed four field...
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Strong GM Guidance Boosts Auto Sector
Friday, January 11, 2019 - 10:05am | 515Auto stocks were mostly trading higher Friday morning after General Motors Company (NYSE: GM) surprised investors with an encouraging outlook that boosted its stock. What Happened General Motors said Friday ahead of its Capital Markets Day presentation that it expects 2018 earnings per...
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Analyst: Waymo Is Worth 10 Times Tesla's Ride-Sharing Business
Tuesday, September 4, 2018 - 12:45pm | 493Tesla Inc (NASDAQ: TSLA) has been developing its autonomous driving technology for years, but one Wall Street analyst estimates the value of Tesla’s Mobility unit at just 10 percent that of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) autonomous vehicle subsidiary Waymo. The Analyst Morgan...
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Toyota's $500M Uber Investment: What You Need to Know
Tuesday, August 28, 2018 - 10:04am | 430Toyota Motor Corp (ADR) (NYSE: TM) is making an incremental investment in ride hailing company Uber's self-driving car project. What Happened Toyota announced that it has agreed with Uber Technologies to expand their existing collaboration in a bid to bring autonomous ride-sharing as a...