Tesla (TSLA) Still Faces Tough Road Ahead in Europe
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BMW eyes new business opportunities with autonomous cars
September 15, 2015 4:23 PM EDTBy Edward Taylor and Irene Preisinger
FRANKFURT (Reuters) - German carmarker BMW is preparing to rethink its products, design and business models for the advent of driverless cars, a board member at the Bavarian company said on Tuesday.
Peter Schwarzenbauer said the competitive advantage for premium carmakers will be rooted in their ability to offer a portfolio of transport options far beyond just selling a car.
The ability to hail an autonomous car instantaneously may lead to a convergence between business models being offered by taxi services, limousine rides and car sharing, Schwarzenbauer, the BMW board... More
Tesla (TSLA) Shares Add to Gains Above Key Level
September 15, 2015 3:47 PM EDTTesla (NASDAQ: TSLA) shares are moving to session highs as the stock gets above its 50-day SMA. Shares are up 0.3 percent.
The 50-day SMA was last reported at about $253.00.
... More