Driverless Car Development Sets Ablaze a Bonfire of Billions
Autonomous vehicle companies and suppliers have collectively spent around $75 billiondeveloping self-driving technology, with scant sign of meaningful
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Autonomous vehicle companies and suppliers have collectively spent around $75 billiondeveloping self-driving technology, with scant sign of meaningful
While executives and investors alike are in some cases heading for the exits, well-capitalized companies in the space are plowing ahead into new markets and projects.
The company operates about 100 Level 4 autonomous semi-trucks, 75 in the US and 25 in China.
TuSimple (TSP) may have finally found a suitor for its China-based unit. Geely's purchase could provide a timely cash infusion for the loss-making TSP.
Potential short squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move. A short squeeze c...