It will be “impossible” for them to scale to production, this analyst says.
Yeah, yeah, autonomous driving is an interesting lab experiment for Uber Technologies and Lyft to be involved in.That’s according to Trip Chowdhry of Global Equities Research, who just attended talks on autonomous driving research at Volvo Concept Lab.There is zero overlap, he says, between autonomous driving, navigation systems and ride-sharing.
By contrast, Tesla will be successful since it is the only company with a fully integrated single source code, from sensor to vehicle control, Chowdhry says. Dell Technologies DELL, +10.18% may advance after reporting better-than-forecast results, while a lowered forecast may pressure retailer Ulta Beauty ULTA, -29.55%. Tesla TSLA, +1.76% was bid higher on the news China will exempt its models from a purchase tax, following Elon Musk’s visit to the country.
“Relative weakness in both small-caps and transports has been a thorn in the market’s side all summer. A little positive momentum here could go a long way in repairing some of the damage inflicted on the markets this month,” he writes.My arrest shows the government answers our request for a dialogue with batons, tear gas, rubber bullets and mass arrest. Our freedom of assembly and other fundamental rights are eroded.
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