Elon Musk has promised dramatically lower battery costs, leading to $25,000 Tesla vehicles within three years.
Gene Munster discusses how California in forcing drivers to be employees may ultimately speed up the efforts of Uber and Lyft to go fully self-driving and thereby simply eliminate all human drivers.
Tesla’s current share price is roughly $735 equating to a market cap of $132.4 billion. A $7,000 per share price would increase their current value tenfold. And that’s just Ark’s “expected” valuation. Ark’s bullish valuation is $15,000 a share, a $2.7 trillion market cap.
In an interview with CNBC Harman International Industries CEO Dinesh Paliwal discussed the importance of 5G standards, as well as vehicle automation. “We need standardization. We need clear regulatory framework which cuts across states and countries. “Imagine Europe. If Germany,…
KRCR News is reporting that California has opened the doors to driverless delivery vehicles, provided they receive a permit from the DMV. According to the report, “the Office of Administrative Law approved revised regulations on Monday that will allow companies…
We have ride-hailing, long-haul trucking, and then delivery as well. We’re also interested in personally owned cars. We’re very excited about the long haul trucking opportunity. We’ve already done a pilot with Google shipping some of their datacenter parts in Atlanta.
VentureBeat is reporting that U.K.-based startup Wayve has raised $20 million in Series A funding to improve AI for autonomous vehicles. Wayve takes a different approach to autonomous vehicles than many other companies. Rather than hand-coded rules, or throwing more…
I don’t think that Microsoft, Amazon, or any of these big tech companies are going to go all-in and say we are going to build products that are going to be controversial, part of the kill chain, and designed specifically for DoD, says the founder of Oculus VR and Anduril, Palmer Luckey.
“I was blown away by how fast and how quickly their autonomous driving technology has developed,” says Intel CEO Bob Swan in reference to Mobileye. “Their technology increasingly builds our confidence for our ability to go from L2, L 2+, to L3 and to deploy automobiles for robo-taxi’s in early 2022.”
“What we’ve done at Scale is built the data platform for AI,” says Scale AI’s 22-year-old CEO, Alexandr Wang. “AI is really built on top of data and these algorithms require billions and billions of examples of labeled data to be able to perform in a safe or reliable way. Then they use the data to build their self-driving cars.”