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Elon Musk visits Mobileye in Israel

Globes: Musk viewed demonstrations of technologies Mobileye is developing for Tesla’s self-driving vehicle system.

tesla-elon-musk

 

Elon Musk, the owner of electric car maker Tesla ‘secretly’ visited Israeli company Mobileye’s facilities, according to Globes. Citing “automotive industry sources, ” Globes noted that Musk viewed a demonstration of “several breakthrough developments by Mobileye” for Tesla emphasis it is ‘first of its kind in the world’.

Globes added that Mobileye “combines several advanced technologies that enable the vehicle to identify its environment, avoid obstacles, and move without driver intervention.”

 

READ MORE: Mobileye

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Mayor of London Boris Johnson has welcomed the roll-out of Mobileye’s cutting edge life-saving technology to help improve road safety in England’s capital. “It’s fantastic to see that cutting edge technology,  More…

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Analysts at Barclays have reiterated an “Overweight’ rating on Mobileye NV (NYSE:MBLY) stock, along with a 12-month target price of $76 after its recent sell-off. Barclays believes the concerns More…

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Mobileye N.V. (NYSE:MBLY) traded with a cut of -0.14 points or -0.27% at $50.96 per share. As per the last available information, the stock aggregated $8.41 million in upticks and $6.85 million in downticks, keeping More…

Mobileye

Israel’s Mobileye N.V., a global designer and developer of camera-based Advanced Driver Assistance Systems, has set the price for its second public offering. The company has priced the offering of 17, 127, 000 More…

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Israel’s Mobileye N.V., a global designer and developer of camera-based Advanced Driver Assistance Systems, and Valeo (PAR: VLOF.PA), a developer of driving assistance systems and specifically laser scanner technology,  More…

Mobileye EyeQ4

Israel’s Mobileye N.V., a global designer and developer of camera-based Advanced Driver Assistance Systems, introduced its 4th generation system-on-chip, the EyeQ4 which the company boasts will bring the world More…

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