I believe Tesla is leading the world in a race to develop the technology enabling mobility solutions using self-driving vehicle capability as outlined in this Medium article, Tesla’s Insurmountable Advantages. However, in an interview this week with Automotive News, Adam Jonas (Head of Global Auto & Shared Mobility Research at Morgan Stanley), believes the business impact of COVID-19 will cause some companies to back-away from their autonomous vehicle investments due to the massive development costs and the uncertainty around any revenue payback. As if the company was listening to Jonas, Ford announced today it will postpone plans to launch a self-driving mobility business until 2022. In addition to Tesla’s lead, Alphabet’s Waymo subsidiary as well as GM’s Cruise division could benefit from other companies delaying or eliminating their autonomous vehicle investments.
Will Autonomous Vehicle Investments Decline Now?
