Autonomous driving firms raise fresh capital as the technology further advances

Last week, Elon Musk-run Tesla (NASDAQ:TSLA) threw its hat in the ring as well, introducing his version of autonomous taxis called CyberCab. Ark Invest’s Tasha Keeney noted that their research indicates that Tesla is likely to launch a full-scale robotaxi network in 2025 or 2026.

More on autonomous driving

• Google Leads The Autonomous Vehicle Race, A Strong Rationale For Considering Its Shares
• Hyundai Motor joins forces with Waymo to expand autonomous vehicle foundry business
• Tesla: Fairly Significant Doubt After The Cybercab Event