Barron's: Self-Driving Cars Aren’t Dead. Lessons From Ford’s Big Flop - $F $TSLA $GM $LAZR $GOOGL

[PeregrineTrader]

$F Ford to End Its A/V Division

3 F +2.00% [Yahoo Finance Video] Ford to end its autonomous vehicle division Thu, October 27, 2022 at 11:43 AM Yahoo Finance’s Pras Subramanian breaks down Ford’s decision to disband its Argo AI unit. JOHN LAWLER: We saw that the arc to a scaled, profitable business was a long way off-- five years plus out-- and so what we’ve decided is that we’re going to reallocate our capital, we’re going to focus on L2 + and L3 Driver Assistance Technologies where we can give our consumers time bac…