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Morgan Stanley suggests keeping an eye on these top auto tech stocks
October 6, 2023 10:02 AM EDTThe automotive industry is undergoing a transformative shift towards the Software-Defined Vehicle (SDV) era, where vehicles are becoming more reliant on sophisticated software systems. This paradigm shift, fueled by an anticipated additional $15 billion semiconductor investment over the next 5-6 years, has captured the attention of investors and industry insiders alike.
SDVs represent a monumental departure from traditional automotive design. These vehicles leverage advanced software to automate an expanding array of services and applications within the vehicle, creating a high-tech marvel on wheels.
Tesla (NASDAQ: TSLA) is undeniably the trailblazer of... More
