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Benzinga
Benzinga
Business
Badar Shaikh

Self-Driving Cars Could Be $200 Billion Market By 2030, Says Morgan Stanley

Morgan Stanley Elon Musk Tesla Inc.
Waymo shutterstock_1671396067

Investment bank Morgan Stanley (NYSE:MS) has published a report predicting a $200 billion market for self-driving cars by the year 2030.

What Happened: Analyst Adam Jonas and Tim Hsiao shared in the report that adoption for autonomous vehicles will take off in the near future with the growth of AI and comprise 28% of unit sales by 2030, Bloomberg reported on Monday.

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