Which Companies Profit From a Future Filled With Self-Driving Cars?

Google (NASDAQ: GOOGL  ) , Audi, and BMW are all working on self-driving cars, but a reader writes:

"What tech company is leading the way in developing the technology for self-driving cars?"
--Stefany

And what about companies beyond the car industry that might benefit, such as businesses that are supplying parts and services for self-driving cars?

In the following video, Motley Fool tech analyst Eric Bleeker answers these questions. He says that while Google is an early leader in creating self-driving technology, it's far from the only publicly traded company making a big bet on self-driving cars. He cites Delphi Automotive  (NYSE: DLPH  ) and Autoliv  (NYSE: ALV  ) as two companies that have made big bets on cameras, sensors, and other parts necessary to create self-driving cars. He also notes that a company like American Tower  (NYSE: AMT  ) is a natural beneficiary of self-driving cars as carriers expand their networks and coverage areas to handle millions of connected cars. 

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  • Report this Comment On June 29, 2014, at 2:56 PM, wereew wrote:

    Self-driving cars are supposedly going to be a "shift" but not everyone can use them. Therefore, some people will have no mode to travel if they take over the market completely. Some people become impaired from magnetic and wireless fields. To sit in such a car would make them ill. In fact, Radiofrequency and Microwave Sickness used to only occur in radar and telephone operators. It is a growing scourge that is yet to be recognized and averted. Mechanical non-transmitting cars and other devices work fine. Without these options a whole group of people will be left behind.

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