autonomousdriving
Incredible technological advancements have been made in autonomous vehicles, from the integration of Light Detection and Ranging (LiDAR) technology to advancements in AI and machine learning, that promise a transformative impact for the automotive industry. Yet, despite their clear benefits — greater cost-efficiency, less traffic congestion, and lower carbon emissions — widespread adoption of autonomous technology remains elusive. If history is our guide, we risk repeating the same missteps with autonomous driving as with electric transportation. For a century, the technology for electric vehi...
Euronews (English)
Elon Musk's Tesla is back in the news, with shares see-sawing to the upside once more, following the company's recent Robotaxi announcement. The rise came after the company saw shares falling after disappointing Q1 2024 delivery numbers, revealed in early April. Further speculation of the electric vehicle (EV) company scrapping plans for a cheaper $25,000 (€23,027.75) vehicle have been met with dismay from European and global Tesla fans alike. Although Musk attempted to deny the rumours, investors and clients were not convinced and shares lower. The continuing streak of losses has prompted the...
Euronews (English)
As autonomous robots become more advanced, some in the marine industry say they could replace dangerous and expensive work at sea. At a biannual ocean technology conference held in London, marine tech insiders gathered to present new high-tech vessels. Using its onboard sensors, the Norwegian company Maritime Robotics' uncrewed surface vessel "The Otter" manoeuvred across the water at the convention. Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giantsEquipped with sonar sensors and GPS mapping, it’s designed to scan the sea floor to collect informa...
Euronews (English)
Stanphyl Capital‘s commentary for the month ended May 2021, discussing their short position in Tesla Inc (NASDAQ:TSLA). Q1 2021 hedge fund letters, conferences and more Tesla Has A Diluted Market CapAs noted earlier, we remain short the biggest bubble in modern stock market history, Tesla Inc. (TSLA), which currently has a diluted market cap of approximately $706 billion, nearly 80% of the $910 billion (non-diluted) combined market caps of Toyota ($231 billion), VW ($180 billion), Daimler ($100 billion), GM ($86 billion), BMW ($69 billion), Stellantis ($61 billion), Ford ($58 billion), Honda (...
ValueWalk
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