Friday, September 16, 2016

Tesla Responds in Spat With Former Partner Mobileye (MBLY; TSLA)

For folks catching up before the weekend, Tesla has decided to go with radar rather than LIDAR (laser light).
NVIDIA smiles.

From Reuters via Fortune:

Mobileye had said that it broke ties with Tesla over safety.

(Reuters) – Tesla Motors on Thursday said its former camera supplier Mobileye disparaged the safety of Tesla’s assisted driving technology Autopilot after learning the carmaker was developing its own vision system.

Once Mobileye learned Tesla would be using its own vision system in upcoming versions of Autopilot, a semi-autonomous technology that helps vehicles steer, it “attempted to force Tesla to discontinue this development, pay them more and use their products in future hardware,” a Tesla spokeswoman said.

Tesla’s comments came a day after Mobileye chairman Amnon Shashua told Reuters the company had broken ties with Tesla because Autopilot was “pushing the envelope in terms of safety,” prompting Tesla to respond that it “continuously” educated drivers that they should be prepared to take control of the car....MORE
From Investor's Business Daily:
Mobileye Stock Falls; Tesla Shifts To Radar Systems
Mobileye Rips Tesla Autopilot Safety As War Of Words Intensifies