Intel, Mobileye and Tesla’s stock price

By Charles Morris Intel’s recent acquisition of Mobileye, an Israeli provider of autonomous driving technology, for $15 billion, has three interesting implications. The first is obvious: self-driving tech is expected to be huge, and companies are busily investing money and R&D efforts to position themselves as players.
The second point, also apparent to observers in the tech world if not to the popular press, is that automotive OEMs will not be the only players, and perhaps not even the …read more