What’s New - December 16, 2014
The D20 Stock Index took its second biggest loss of its short history last week, declining to 131.78 while losing 4.18% of its value. It wasn’t the only index that suffered a large loss. The Dow was down over 600 points for the week. The NASDAQ had its largest weekly loss since May 2012. Every D20 stock lost value last week. The largest percentage loser was The Chinese Company BYD (BYDDY) whose ADR Shares lost $1.11 or 10.14% to end the week at $9.84. The largest absolute value loser was Tesla Motors (TSLA), whose shares lost $16.71 or 7.47% to end the week at $207.00.
Hitting the headlines this week were a descriptive listing of the entries for the 2014 Los Angeles Auto Show Design Challenge. Also, Financial Times reports that Audi chairman Rupert Stadler says that drivers will be able to take their hands off the wheel by 2016, but there continues to be plenty of debate on if and when we will ever see a fully autonomous world. And the UK topped headlines again with all things autonomous as the plans for the four UK locations where driverless cars will be tested continued to unfold. Click here for more news.
This week Driverless Transportation will be in Florida for the 2nd Annual Florida Automated Vehicle Summit. Look for next weeks wrap up on what we learned about what Florida is up to.