Wall Street is quietly retreating from its enthusiasm for Tesla's self-driving car plans - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Wall Street is quietly retreating from its enthusiasm for Tesla's self-driving car plans

This story requires our BI Prime membership. To read the full article,

But then, suddenly, there was a massive shift. Alphabet launched Waymo, its self-driving service that had been known as the Google Car project, and General Motors bought a San Francisco startup, Cruise Automation, and began the process of transforming it into a $20-billion standalone autonomous-mobility business.

Musk doesn't mind surfing the buzz. But despite the 90-degree inflection of Tesla stock chart since last October, Wall Street is starting to wonder if Autopilot can really advance to being a technological and business-model competitor to the leaders at the moment. That could be Tesla's fate. On the ride-hailing/sharing side, however, autonomy promises to create much more lucrative opportunities. It's the business to bet on for the 2020s, much as Tesla was the electric car play in the 2010s, rising from less than $20 per share post-IPO to over $630 per share a decade on.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Huh. No surprise. I don’t think the system is ready and won’t be for years yet. They could speed things up by having a transponder on every car so they could automatically be aware of eachother. A tonne of stuff goes on on surface roads that isn’t even car related.

that's because self-drive cars will be not be a viable invest for years. they are simply too dangerous when combined with the unpredictability of other drivers

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 729. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Wall Street analysts pushed for IBM CEO Ginni Rometty to retire - Business InsiderWall Street analysts and pundits were pushing for Ginni Rometty to retire as CEO, even after a killer quarter and promises for more growth
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Elon Musk like 'quiet assassin' as Tesla short-seller arguments erode - Business InsiderTesla has an edge over other automakers in battery technology, charging infrastructure, and autonomous-driving technology, Gene Munster said.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Wall Street analysts say these stocks are 'compelling' including Oxford Industries and iHeartMediaThese stocks have 'compelling' stories analysts say.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »