It wasn't good to be a tech stock on Thursday, and it was doubly uncomfortable to be Nvidia (NASDAQ: NVDA). The graphics card and autonomous driving solutions specialist saw its share price tumble by more than 4%, while the S&P 500 index "only" fell at a 2.5% pace on the back of a bearish new analyst report. Read More...
TheStreet.com
Elon Musk, Tesla Dive Into Lucrative New Industry
Tesla and Elon Musk have just taken a big step in their ambition to turn the car into a living room on four wheels. If Tesla vehicles are not yet autonomous, they already have advanced features, allowing them to perform several maneuvers on their own. Full Self driving (FSD), Tesla’s driver assistance system, for example, is under investigation by regulators, and in particular by the National Highway Traffic Safety Administration (NHTSA).