Germany’s Merkel dished out a left-handed compliment to self-driving cars today. She was quoted by Bloomberg as saying, “humans are the most dangerous drivers,”.
This was her reply when asked about the fatal Tesla accident involving a self-driving car.
For whatever reason traders are attributing the +5% up day in Mobileye to this German blurb, but traders also think Mobileye has some proprietary technology when in reality they are the GoPro of the industry.
MBLY is a short, TSLA is a long, and Chancellor Merkel has zero respect for human drivers, despite being from the land of the autobahn.
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bears throwing another pebble at the Elon with this SEC investigation of possible fraud … no doubt, the Kock bros are spoonfeeding media & even the SEC with dirt on Elon the Disruptor
buy before the EV leaves the station … new highs coming
Smart cars will be another tool of micromanagement used by our oligarchs… 🙁