4 ms·
I don't see this being mentioned anywhere, but the biggest reason I'd be wary of _any_ consumer vehicle manufacturer's high stock price is that the demand for c
by namuol 9y ago
I don't see this being mentioned anywhere, but the biggest reason I'd be wary of _any_ consumer vehicle manufacturer's high stock price is that the demand for cars will decline in the following decades as self-driving vehicles dramatically reduce the demand for ownership.
- ng12 9y agoAnd who's building the self-driving vehicles? Who's technology are they using?
- tonvei 9y agoMost likely the technology that will be used will be that of which Google is developing. Tesla is nothing more then a glorified cruise control. And don't throw the number of miles driven number back.
- solomatov 9y agoAccording to navigant research (https://www.navigantresearch.com/research/navigant-research-leaderboard-report-automated-driving https://www.navigantresearch.com/research/navigant-research-...), it's GM (who bought cruise automation), and Ford (who bought a majority share in Argo AI) who are the most advanced.
- nojvek 9y ago"who are the most advanced". Any sources for this? As far as I'm aware none of their cars are on the road in the hands of customer. Also a lot of this companies are betting on Lidar becoming magically cheaper. Buying a company doesn't necessarily mean they'll kill it. Big companies have a lot of politics and red tape before integrations can even happen. I was at MS when they bought Skype and later Nokia. Middle management blew the whole thing up.
- deleted 9y ago[deleted]
- ams6110 9y agoRemains to be seen. I can't imagine not wanting to own my own car. It's an extension of personal space for me. And I don't really want anyone else using it either. Maybe younger generations will feel differently.