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The real reason Tesla is showing off its self-driving tech

Tesla bears are insisting that the company is staging an event to showcase its self-driving technology because it wants to distract from weak first-quarter earnings coming this week. But the markets have known Tesla earnings are likely to be weak for some time. What CEO Elon Musk really wants to […]
The real reason Tesla is showing off its self-driving tech
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Speculation about an IPO of GM’s Cruise self-driving division is premature

GM revealed a substantial, equity-centric compensation package for Dan Ammann, former president and now CEO of Cruise, GM’s self-driving division. Cruise’s valuation has increased from roughly $US1 billion in 2016 to $US14.6 billion in 2019, following investments from SoftBank and Honda. Ammann’s package set off a round of premature speculation […]
Speculation about an IPO of GM’s Cruise self-driving division is premature
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GM President Dan Ammann is taking over as CEO of the Cruise self-driving division as the company pushes toward a commercial launch in 2019

General Motors President Dan Ammann will take over as CEO of Cruise, the carmaker’s self-driving division that’s now valued at $US14.6 billion. Current CEO Kyle Vogt will become president and CTO, concentrating on leading “technology development” as the division pushes toward a commercial rollout in 2019. Ammann’s role at GM […]
GM President Dan Ammann is taking over as CEO of the Cruise self-driving division as the company pushes toward a commercial launch in 2019
News

Waymo, Cruise, Mobileye, and Tesla are all tackling self-driving cars in different ways — here’s the breakdown

Waymo,Cruise, Intel/Mobileye, and Tesla are the major contestants in the self-driving car race. Each has developed a different business model. Waymo and GM are using laser-radar technology, while Mobileye and Tesla are relying on cameras and sensors. We’re quite close to witnessing the arrival of widespread self-driving technologies that consumers […]
Waymo, Cruise, Mobileye, and Tesla are all tackling self-driving cars in different ways — here’s the breakdown