Meanwhile, Tesla is still working on developing a software that will make its cars truly self-driving, though experts and analysts see a broad adoption of fully autonomous cars as still years, if not decades, away. Jonas had lowered his estimate for Tesla Mobility, the carmaker’s ride sharing/robo-taxi business, by about 82% by mid-2019.
Asian stocks tread water at the start of Fed week
Asian stocks opened cautiously as traders assessed strained China-Japan relations and upcoming central bank decisions. Investor caution grew regarding the AI rally’s sustainability, with markets