Cars of the future

Maybe not flying yet like Jetsons or Back to the Future, but advances are in process and inevitable.

From Zacks Investment Management:

Self-Driving Cars Reach New Milestone – for those readers who are still reluctant to believe in the electric car and self-driving car revolutions, we understand (but it’s time to start believing). Where the U.S. government is generally snail-pace slow in legislating in lockstep with technological change, they have passed a bill that creates a national framework of regulations for the industry. The bill includes amendments covering cybersecurity issues and allows automakers to sell up to 80,000 self-driving vehicles annually, assuming that safety standards are met. On the automakers front, it’s been an active week as Ford detailed a strategy for future investment of research and resources into self-driving cars. General Motors followed suit by indicating that its ‘Cruise Automation’ business is making rapid progress on fully autonomous driving capabilities.

Lots of hate on Tesla and Elon Musk is a continuing theme, but Tesla just keeps on keepin’ on.  As soon as production of the Model 3 ramps up to plan, electric cars are a done deal and cannot be stopped.  I’m not sure why Zero Hedge has such an axe to grind (lots of MLP and energy positions, perhaps?), but they sure do.  Here’s a couple of the latest screeds:  http://www.zerohedge.com/news/2017-10-07/visualizing-many-failures-elon-musk

http://www.zerohedge.com/news/2017-10-06/teslas-big-secret-its-building-model-3s-hand

Meanwhile, the production line continues to go through development and troubleshooting:

The Model 3 body line slowed down to 1/10th speed

A post shared by Elon Musk (@elonmusk) on

And GM, Volvo, and Jaguar have also already announced they will be eliminating internal combustion engines completely.  https://www.wired.com/story/general-motors-electric-cars-plan-gm?mbid=social_twitter

 

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