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Tesla's comments and actions show that it may already be behind competitors in self-driving technology.
Tesla (TSLA -0.15%) has been a leader in autonomous driving with its Autopilot software, which costs between $6,000 and $12,000 in new vehicles. But is Tesla the industry leader, or are companies like General Motors (GM -0.28%) and Alphabet (GOOG -0.20%) (GOOGL -0.15%) surpassing Tesla's technology with very little fanfare?
Stock prices used were the afternoon prices of Aug. 15, 2022. The video was published on Aug. 15, 2022.
Travis Hoium is a contributing Motley Fool Stock Market Analyst covering solar energy, technology, and growth stocks. Prior to The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a B.S. in Mechanical Engineering from The University of Minnesota and a M.B.A. from The Carlson School of Management at the University of Minnesota. When he’s not thinking about stocks, he spends time with his wife and three kids, and periodically competes in half-Ironman races.
Travis Hoium has the following options: long March 2023 $250 puts on Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I'll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.
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