The main message from Tesla Motors Inc
According to Trip Chowdhry of Global Equities Research, Tesla demonstrated yet again why it's out-innovating every technology company. The company's cars boasts more than 200 million miles of street learning and no other company comes close. Specifically, Mobileye NV
Chowdhry noted that Tesla's Sensor Suite is powered by an on-board computer run by four separate NVIDIA Corporation
As such, the analyst labeled Nvidia a winner from Tesla's announcement and Mobileye as "toast" with "zero chance" to remain relevant.
The analyst suggested that Tesla is "creating the Intelligent Transportation Industry" as further announcements in car sharing and ride-hailing could be introduced in December 2017.
Finally, Tesla's goal of sending a car on a self-driving mission from Los Angeles to New York City by the end of next year could also be seen as a sign that the traditional auto manufacturers "are also toast, too slow and completely clueless."
|Oct 2016||Goldman Sachs||Downgrades||Buy||Neutral|
|Sep 2016||Cowen & Co.||Initiates Coverage on||Underperform|
|Jun 2016||Argus Research||Downgrades||Buy||Hold|
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