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Added on the 14/03/2018 18:31:02 - Copyright : Wochit
Win McNamee/Getty Images Tesla's services business could be worth more than all of its car sales by the end of the next decade, Morgan Stanley said last month. The bank estimates autopilot, insurance, energy, and everything else to be worth about 53% of a new street-high target price of $540 by 2030. Investors should also consider comparing the company to other services companies, like Apple, Tinder, Roku, and video game makers, the analysts said. Visit Business Insider's homepage for more stories.
Beck Diefenbach / Reuters Consumer Reports released its second-ever ranking of driver-assistance systems on Wednesday. Tesla once again took second place, but an increasingly crowded field is quickly encroaching. Autopilot outpaced competitors in capabilities and performance, but sank to the bottom for categories like driver engagement and clarity around safety. Consumer Reports' rankings come as Tesla launches its "full self-driving" beta software, which is not actually self-driving. Visit Business Insider's homepage for more stories. Tesla's poor track record of keeping drivers engaged while Autopilot is on cost the automaker significant points in Consumer Reports' latest ranking of driver-assistance systems.
BMW presented a level five autonomous driving car at the Mobile World Congress in Barcelona on Monday, a car that would allow its driver to completely take his or her mind off the road, enabling the driver to eat, watch a movie, or even sleep behind the wheel. However, the level five autonomous car still has a way to go before being realised. In the meantime, BMW expects to get level 3 autonomous vehicles called iNEXT on the road by 2021.
A new technology developed by Japanese tech company OMRON may have a solution to help prevent crashes caused by driver fatigue. OMRON's Onboard Driving Monitoring Sensor uses facial recognition and artificial intelligence to tell if a driver is falling asleep or texting while driving, and prompting them to pay attention and drive safely.
If you're a fan of the sci-fi cinema hit Transformers, worry not, cars which morph into robots are not far off. A father and son team inspired by 'Transformers' have created their own car-robot, built from a Russian-made 'Lada' vehicle. The Russian version of the Optimus Prime Transformer now takes part in stunt shows across Russia, entertaining sci-fi fans across the largest nation in the world.
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