Tuesday, 26 September 2017

GM, not Tesla, is a better bet on the autonomous vehicle future right now, Deutsche Bank says

GM, not Tesla, is a better bet on the autonomous vehicle future right now, Deutsche Bank says

General Motors' strong competitive position in autonomous vehicle (AV) technology is widely underestimated by investors, according to a Wall Street firm. Deutsche Bank raised its rating on the automaker's shares to buy from hold, saying the company will attain a large market share of the new AV market.

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