GM
Tech companies and auto companies are all racing to be the first to roll out self-driving cars onto the road.
The stakes are high for everyone involved. The self-driving revolution and the prevalence of ride-hailing services such as Uber and Lyft threatens to reduce individual car ownership, which would eat into a sizable piece of automakers' core business.
See the rest of the story at Business Insider
See Also:
- Tesla is on a tear and is now the world's No. 2 automaker by market capitalization
- Tesla's electric-car business is now so good that it might be able to forget about self-driving cars. That could be a significant bonus for the company.
- See inside the $26 million Bel Air estate where legendary Ford and Chrysler exec Lee Iacocca lived
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