Autonomous Vehicles Enter Tesla, GM Market

Autonomous Vehicles Enter Tesla, GM Market
<a href="">Unsplash</a> / Pixabay

While Google Inc (NASDAQ:GOOG) and now Tesla Motors Inc (NASDAQ:TSLA) steal headlines regarding self-driving vehicles, many other automakers are developing them as well and seek to slowly implement the technology in a piecemeal manner.

Autonomous Vehicles Enter Tesla, GM Market

Plenty of obstacles exist, mainly those relating to liability in the event of an accident. However, aside from the worries of insurance companies and lawyers, the feat is possible and seems to be a foregone conclusion amongst the industry. Consumers thus far have been hesitant.

Odey Special Situations Fund took on several new positions in March

Crispin OdeyOdey Asset Management's Special Situations Fund was down 3.2% in March, compared to its benchmark, the MSCI World USD Index, which was up 3.3%. Through the end of March, the fund is up 8.7%, beating the benchmark's return of 4.9%. Q1 2021 hedge fund letters, conferences and more Odey's Special Situations Fund deploys arbitrage and Read More

Ninety percent of respondents in a survey sponsored by insurer Chubb Corp., and released by ORC International Ltd. today, said a licensed driver should be in the driver’s seat of a driverless car. Of the survey’s 1,000 respondents, only one-third said they’d feel safe on a road with autonomous vehicles.

While lawmakers battle with crafting regulation to take into account a driver-less car, automakers are pushing on, as seen in the video below showing Nissan’s best efforts.

“You’re going to have to have some kind of regulatory foundations in place at a reasonably nascent place,” said Bill Visnic, an analyst who follows autonomous vehicles for “Or else everybody’s going to get the feeling it’s the Wild West out there.”


No posts to display