The two companies that actually have autonomous commercial vehicles on the road to give them credit today are Waymo and Cruz. But they're doing it in, you know, some somewhat of a geo fenced strategy, certain cities. How long did it take each of these companies to get to their most recent additional million mile mark? So how quick can they drive a million miles? Okay, for Waymo, it's close to two years. For Cruz, it's like a month and a half based on their latest announcement. For Tesla, they're actually collecting over two million miles of FSD data per day.
If you know ARK, then you probably know about our long-term research projections, like estimating where we will be 5-10 years from now! But just because we are long-term investors, doesn’t mean we don’t have strong views and opinions on breaking news. In fact, we discuss and debate this every day. So now we’re sharing some of these internal discussions with you in our new video series, “The Brainstorm”, a co-production from ARK and Public.com.
Tune in every week as we react to the latest in innovation. Here and there we’ll be joined by special guests, but ultimately this is our chance to join the conversation and share ARK’s quick takes on what’s going on in tech today.
This week, Associate Portfolio Manager Nick Grous and Director of Research, Autonomous Tech & Robotics Sam Korus are joined by ARK Director of Investment Analysis. Together they discuss Tesla Earnings, Hollywood Strikes, and general AI Updates, including Meta’s Llama 2.
Key Points From This Episode:
- Tesla Earnings
- Hollywood Strikes
- AI Updates