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MarketBeat
MarketBeat
Business
Dan Schmidt

Aeva & Mobileye: LiDAR Stocks Powering the Autonomous Revolution

Autonomous vehicles (AVs) are no longer strictly the realm of fiction and fantasy. Tesla Inc. (NASDAQ: TSLA) launched its long-awaited Robotaxi in Austin earlier this month, joining Google’s Waymo in offering driverless rides to paying passengers.

While the Robotaxi still has a long way to go before being considered a true Waymo rival, a heated competition might be good news for consumers regarding costs and efficiency improvements.

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