-
Self-Driving Cars May Slash Insurance Costs 50% By 2040, Challenge Traditional Insurers: Goldman Sachs
Monday, June 9, 2025 - 9:24am | 704Self-driving cars are poised to disrupt the $430-billion U.S. auto insurance market, according to Goldman Sachs, as fewer accidents and shifting risks could cut insurance costs by more than half over the next 15 years. In a research note shared Monday, Goldman analyst Mark Delaney indicated that...
-
Gary Black Weighs In On Pony AI's Growth Ahead Of Earnings Report: 'A Recently Announced Partnership With Uber…'
Monday, May 12, 2025 - 8:39am | 565Future Fund LLC's managing director, Gary Black, has shared his thoughts on Pony AI's (NASDAQ:PONY) stock as the Chinese AV company gears up for the quarterly results slated to be released next Tuesday. What Happened: "$PONY AI ($17/share, Nasdaq ADR) is a good way to play future advances in global...
-
Amazon's Tesla Robotaxi Rival Zoox Recalls 270 Driverless Vehicles Following Las Vegas Crash In April: Report
Wednesday, May 7, 2025 - 6:19am | 638Amazon.com Inc.’s (NASDAQ:AMZN) autonomous vehicle company Zoox has reportedly recalled over 270 vehicles to rectify a software issue that led to a crash in Las Vegas, Nevada, on April 8, 2025. What Happened: A Zoox robotaxi, which had no occupants at the time, crashed into a passenger...
-
Tesla Deploys Unsupervised FSD At Giga Texas To Move Cars From Factory To Lot
Monday, April 14, 2025 - 8:41am | 508Tesla Inc. (NASDAQ:TSLA) has revealed that its Giga Texas production facility utilizes Unsupervised FSD (Full Self-Driving) to deliver cars to the outbound logistics lot from the production line. What happened: Taking to the social media platform X, Tesla's official AI handle showcased how Tesla...
-
Tesla Analyst Says FSD Test Drive Shows Imperfections, 'Not Ready For Prime Time Yet'
Thursday, January 2, 2025 - 2:34pm | 487A fourth test of full self-driving from Tesla Inc (NASDAQ:TSLA) left an analyst cautiously optimistic for the company's future in a continued series of reviews of the company's self-driving technology. The Tesla Analyst: Truist analyst William Stein maintained a Hold rating on Tesla with a $360...
-
Alphabet's Self-Driving Subsidiary Waymo Hits $45 Billion Valuation – Surpassing Ford, Other Major Brands
Thursday, October 31, 2024 - 4:34pm | 434Waymo, the autonomous driving technology subsidiary of Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), recently reached a valuation exceeding $45 billion in a new fundraising round. The company, which operates driverless cars in San Francisco, Phoenix, Los Angeles and Austin, raised $5.6 billion in the...
-
WATCH: Self-Driving Tesla Slams Itself Into Guardrail, Car Totaled
Wednesday, August 24, 2022 - 10:21am | 438For Tesla Inc (NASDAQ: TSLA) bulls, there are a lot of reasons to be excited about the future of the company. But most of these bull cases include some sort of full automation: self-driving cars that will open up a whole new market for Tesla, such as self-driving taxis and a subscription model...
-
Tesla Self-Driving Software Rewrite Should Be Available By End Of 2020: Musk
Monday, September 14, 2020 - 5:39pm | 348While it has been promised for a long time, Tesla Inc's (NASDAQ: TSLA) Full Self Driving software has yet to reach the goal of full autonomy. The company has quickly been adding features, with the latest allowing its vehicles to read and respond to speed limit signs. Now CEO...
-
Nvidia At CES: Oppenheimer's Major Takeaways
Wednesday, January 10, 2018 - 3:32pm | 433NVIDIA Corporation (NASDAQ: NVDA) was one of the biggest gainers in 2016 and 2017 and will be closely followed by investors throughout 2018 to determine if further gains can be seen. The Analyst Oppenheimer's Rick Schafer maintains a Perform rating on Nvidia's stock. The Thesis Schafer...
-
Excitement Around The Future Of GM May Already Be Priced Into The Stock
Tuesday, October 3, 2017 - 10:25am | 409General Motors Company (NYSE: GM) offered a glimpse into its future ambitions which begs the question: Is this a "sell the news" announcement? Morgan Stanley's Adam Jonas may think so. The analyst maintains an Overweight rating on General Motors' stock with an unchanged $43 price target, which...
-
GM Shares Deserve A Higher Multiple, Bank Of America Argues In Upgrade Note
Tuesday, October 3, 2017 - 9:34am | 374Analysts at Bank of America turned bullish on General Motors Company (NYSE: GM) as its management finally "gets it." The firm's John Murphy upgraded General Motors' stock rating from Neutral to Buy with a price target boosted from $40 to $57 (see Murphy's track record here). General Motors...
-
Domino's CEO Talks Self-Driving Delivery Cars
Saturday, September 9, 2017 - 4:17pm | 586Self-driving cars represent the future of food delivery, at least according to Domino's Pizza, Inc. (NYSE: DPZ)'s president and CEO Patrick Doyle. Domino's announced in August a project in which it will be testing delivering pizzas to consumers in a Ford Motor Company (NYSE: F) powered...
-
Why Google Is Tesla's Biggest Competitor
Tuesday, May 23, 2017 - 1:44pm | 397Should Tesla Inc (NASDAQ: TSLA)'s investors be worried about the automaker's newest competitor, Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)? According to Morgan Stanley's Adam Jonas, there is reason to be concerned. Jonas commented in a report that Alphabet's autonomous driving unit...
-
Uber's Biggest Rival Just Struck A Deal With Alphabet's Waymo To Explore Self-Driving Cars
Monday, May 15, 2017 - 9:37am | 378Uber's biggest competitor, Lyft, just scored a big partnership with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to explore self-driving cars. As part of the new relationship, Lyft will partner with Alphabet's Waymo unit to explore self-driving pilots as both companies are looking to accelerate...
-
Nvidia's Busy Week In Self-Driving Deals
Friday, March 17, 2017 - 8:40am | 354Intel Corporation's (NASDAQ: INTC) $15 billion acquisition of Mobileye NV (NYSE: MBLY) gives the company immediate access to the autonomous driving and driver safety markets. But after the acquisition, some analysts argued Intel will have a lot of catching up to do to industry leaders,...