Nov. 25 at 8:50 PM
Tesla’s stock dipped slightly to
$416.49 on Tuesday following Monday’s 6.2% surge, as investors weighed the impact of autonomous driving technology on traditional automakers. Despite interest in self-driving technology, legacy car companies show little appetite for licensing Tesla’s Full-Self Driving (FSD) software. Analysts at Melius Research note that Tesla’s technological lead—spanning chips, software, and vertical integration—makes it difficult for older automakers to catch up.
CEO Elon Musk has offered to license FSD, but legacy firms have shown only tepid interest, discussing small-scale programs with unworkable requirements. This highlights the gap between Tesla’s startup-like innovation approach and the century-old structures of traditional automakers, which may struggle to compete in the evolving EV and autonomous driving market.
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