autonomous

EHang Holdings Ltd – ADR (NASDAQ: EH) shares were rallying hard Wednesday on above-average volume. EHang's Plunge, Rebound: Shares of Chinese autonomous aerial vehicle manufacturer EHang were rising about 45% on more than 10 times their average volume. The rally comes after a...

At the Axel Springer conference in Germany, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said he believes Tesla will have fully autonomous, level five vehicles on the road in 2021.   This would mean that a driver and steering wheel are optional, as the vehicles would be fully capable of driving...

Tesla 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...

Auto technology stocks certainly have Wall Street’s attention this year. Young investors appear to see next-generation auto technology as a major long-term investment opportunity. Autonomous vehicle technology is one of the biggest investment themes in the auto market these days, and Mizuho...

A powerful computer is needed to process and make decisions about all the data a self-driving car sees on its journeys. An even more powerful computer is needed to train the software that controls the car. That's why Tesla Inc. (NASDAQ: TSLA) is working on a powerful...

As promised by CEO Elon Musk, Tesla raised the price Wednesday of its FSD software to $8,000. Tesla's Self-Driving Pricing Adjustments: The move comes after a discount was made available over the last few weeks to certain customers who were missing features due to the timing of their...

What Happened: The special purpose acquisition company Graf Industrial Corp (NYSE: GRAF) is in talks to merge with Velodyne Lidar Inc., according to Bloomberg.  The deal would be similar to Nikola Motors' (NASDAQ: NKLA) route to the public markets.  SPACs have taken hold in the market...

The best-known feature of Tesla Inc (NASDAQ: TSLA) automobiles is their Autopilot capability.  Teslas capable of fully driving themselves today, but the company promises all cars sold have the hardware needed for Full Self Driving, or FSD, and the automaker plans to achieve its...

Amazon.com (NASDAQ: AMZN) has agreed to acquire self-driving startup Zoox Inc for the reported amount of $1 billion. The company has not confirmed the amount of the transaction reported by The Information. The deal is subject to customary closing conditions. Zoox is ...

Automaker Ford Motor Company (NYSE: F) and European rival Volkswagen have finalized a $2.6-billion joint investment in Argo AI to explore autonomous vehicle technologies in the U.S. and Europe, Ford Autonomous Vehicles CEO John Lawler said in a Medium post on Tuesday. What Happened Ford and...

The National Highway Traffic Safety Administration is considering whether to investigate reports of unintended acceleration in three Tesla models. NHTSA officials said they'll review a petition asking the agency to open an investigation into reports of unwanted speeding up in 2018 and 2019...

Sony Corp (NYSE: SNE) unveiled a car at the Consumer Electronics Show in Las Vegas on Monday. Sony has partnered with industry leaders to build this prototype, including Bosch, Continental, Genetex, Nvidia Corporation (NASDAQ: NVDA) and Magna, according to Tech Crunch. Few other details...

Tesla Inc (NASDAQ: TSLA) missed top- and bottom-line Street estimates in its first-quarter report Wednesday.  The electric carmaker reported a first-quarter bottom-line loss of $2.90 per share on revenue of $4.541 billion, missing analyst expectations of a 66-cent loss on $5.44 billion in...

The prospects for a big pick-up in profit for LYFT Inc. (NASDAQ: LYFT) may be further down the road, when the company can use driverless cars, according to KeyBanc Capital Markets.  The Analyst Andy Hargreaves initiated coverage of Lyft with a Sector Weight and $67 fair value estimate. ...

The bullish case for Cummins Inc. (NYSE: CMI) is based on the thesis that earnings and cash flow should stay "higher for longer," according to Citi. The Analyst Timothy Thein upgraded Cummins from Neutral to Buy with a price target lifted from $155 to $190. The Thesis Cummins...