Page 82 - Self Driving News Today

Tesla Inc's fourth-quarter profit fell short of Wall Street expectations on Wednesday and the company failed to provide a clear target for 2021 ...

5 Min Read (Reuters) - Tesla Inc’s fourth-quarter profit fell short of Wall Street expectations on Wednesday and the company failed to provide a clear target for 2021 vehicle deliveries, sending shares down 5% in extended trade. The disappointing results come after shares of the electric carmaker led by CEO Elon Musk surged nearly 700% over the past 12 months, a valuation rooted in expectations that Tesla will quickly and profitably expand. Investors had hoped for a significant increase over ...

Checking in on All the Promises Elon Musk and Tesla Have Made As Musk unveils a new Model S "Plaid +" with the quickest acceleration of any car in the world, we check in on Teslas past promises and how theyve panned out so far. Photo by STR/AFP via Getty Images Tesla has announced a refreshed version of the Model S, including a wild half-circle steering wheel and a new "Plaid" performance model. The stats are impressive: 0-60 in under 2 seconds (which would make this the quickest-accelerating ...

Qualcomm Unveils 3rd Generation Snapdragon Automotive Cockpit & Ride Platforms For 2021 Qualcomm Unveils 3rd Generation Snapdragon Automotive Cockpit & Ride Platforms For 2021 Qualcomm has shown off a slew of technologies which range from vehicle to cloud platforms, modems and on-device processing hardware. 1,093  Views Highlights The new platforms also scale the use of 5G modems Qualcomm has also partnered with big players ranging from Google to Bosch Fabless chipset maker Qualcomm h...

Sentenced for stealing trade secrets.

Cruise and GM said Tuesday they would partner with Microsoft Corp. to accelerate the commercialization of driverless vehicles. Microsoft will join GM, Honda Motor Co. and institutional investors in a combined new equity investment of more than $2 billion (¥207.5 billion) in Cruise, bringing the post-money valuation of the San Francisco-based startup to $30 billion. Waymo, the self-driving company majority owned by Alphabet, is valued at just over $30 billion, according to investor website Pitc...

Honda said it has obtained approval from the transport ministry and plans to launch its Legend sedan with the Level-3 autonomous driving capability in Japan by March.

. Paccar shares were up as much as 3% on Wednesday morning after the semi-truck manufacturer announced a strategic partnership with the Amazon-backed autonomous driving start-up Aurora. The two companies are looking to combine their respective expertise to develop, test, and sell semi-trucks powered by Auroras autonomous-driving technology. "Paccar looks forward to partnering with Aurora because of their industry-leading autonomous driving technology and impressive team," Preston Feight, Paccar...

Cruise and General Motors on Tuesday announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of...

Watch out Tesla on January 16, 2021, 13:12 13 comments Highly anticipated: Tesla has long overtaken the headlines around self-driving vehicles, but Intels autonomous vehicle division Mobileye is laying the groundwork to be its biggest competitor. Mobileyes CEO revealed its upcoming lidar tech at CES 2021, and marked an exciting, differentiating strategy between the industrys leading giants. The world of self-driving vehicles is roughly hewn into two faction...