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Benzinga
Benzinga
Business
Natan Ponieman

Is Self Driving Dead? Tesla Gets Sued, Ford Shuts Down Argo AI - But Mobileye IPOs

Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone invented autonomous cars.

But that vision of a "level 5" — or fully automated — future is still a long way down the road as automakers realize that more reasonable milestones are a better allocation of their capital.

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