Elon Musk said Tesla is “very close” to developing cars that fully drive themselves without human oversight, known as level 5 autonomy. “I’m extremely confident that level 5 or essentially complete autonomy will happen and I think will happen very quickly,” Musk said in a video to a meeting in Shanghai of the World’s Artificial Intelligence Conference, according to Reuters. Musk has been making...
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The Role of Tech Founders in Stock Performance: The Information’s Tech Briefing
Are founder-led firms necessarily better bets for investors than those led by managers? An article on Reuters concluded as much, reporting that “Major founder-led tech firms have seen their share prices double so far this year, comfortably beating a 7.8% gain for the S&P 500 index” and also doing better than those led by hired hands. The report focused on Netflix, Amazon and ...
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