Does Apple Inc.’s Latest Hire Confirm Its Self-Driving Car Aspirations?
InvestorPlace – Stock Market News, Stock Advice & Trading Tips Apple hired the lead systems engineer from Waymo, in a move that shows that AAPL is still deeply interested in autonomous car technology. The post Does Apple Inc.’s Latest Hire Confirm Its Self-Driving Car Aspirations? appeared first on InvestorPlace.
The Boring Company Will Build Futuristic High-Speed Transit for Chicago Airport
The Chicago Infrastructure Trust has chosen The Boring Company to build the Chicago Express Loop service, which will carry passengers to and from O’Hare Airport. The company’s vision for that involves autonomous electric pods that travel at 150 miles per hour. The post The Boring Company Will Build Futuristic High-Speed Transit for Chicago Airport appeared […]
Will Tesla Ever Make Motorcycles? Elon Musk Gave The Answer
Image source: YouTube Video Screenshot During Tesla’s shareholder meeting that was held on Tuesday, Tesla’s head of worldwide sales, Robin Ren, said that Tesla will spread its roots and build its first factory outside of the U.S., particularly in Shanghai, as the Chinese government recently announced that foreign electric vehicles will be able to build […]
Tesla Is “so landmine-filled that I think it can implode at any moment regardless of what the broad market does”: Shortseller
Stanphyl Capital update on the short bet against Elon Musk . Readers can see below for an excerpt on Tesla Inc (NASDAQ:TSLA) from their Stanphyl’s May 2018 letter. We remain short shares of Tesla, Inc. (TSLA), which I consider to be the biggest single stock bubble in this whole bubble market—a company so landmine-filled that […]
SoftBank Fund Puts $2.25 Billion in G.M.’s Driverless Unit
The magnitude of the deal reflects the growing confidence that commercial use of autonomous cars is in sight, despite recent setbacks.
SoftBank joins GM in self-driving car race; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.
SoftBank joins GM in self-driving car push; GM shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up more than 10 percent.
SoftBank invests $2.25 billion in GM’s self-driving cars; shares soar
(Reuters) – Japan’s SoftBank Group Corp will invest $2.25 billion in General Motors Co’s autonomous vehicle unit, Cruise, the companies said on Thursday, announcing a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up 10 percent.
SoftBank investment in GM Cruise could speed self-driving cars
(Reuters) – In a landmark deal that could accelerate wide-scale deployment of self-driving cars, General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.
GM’s autonomous vehicle unit gets $2.25 billion funding from SoftBank
(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle unit.