Mobileye Hits High as Tesla Drags D20 Down

Driverless Transportation

The Driverless Transportation (D20) Stock Index lost 3.58 points or 2.5 percent in its largest percentage drop in three months. Losers outnumbered gainers 15 to five as the worldwide financial markets roil about Greece’s monetary crisis. The D20 closed at 144.924, while the Dow Jones Industrials ended the week up 0.2 percent at 17760.41 and the S&P 500 finished about as it started at 2076.62.

Google (GOOG) was the D20 absolute gainer last week adding $6.73 and finishing at $530.13. BYD Company (BYDDY) was this week’s D20 percentage loser dropping 9.6 percent of its value and ending at $10.11.

Tesla (TSLA) took an inevitable step backwards losing 8.1 percent to finish at $259.15 after four solid weeks of advances. Expectation over the “scheduled to be available soon” Model X continues to drive the stock price up and down as teasers and setbacks appear in the press.

Tesla continues to drive the D20 index as its $20.87 loss this week accounted for 58 percent of the D20 loss.

Israel’s Mobileye (MBLY) was a consistent bright spot, hitting a new D20 Index high and topping $57 a share for the first time. Several financial analysts upgraded their recommendations on Mobileye helping the stock to gain $2.84 or nearly 5 percent to end the week at $57.36.

Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.