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Autonomous Vehicles Hit a Wall, Literally

Argo AI, Others Shut Down; Tesla Under Criminal Investigation

Executive Summary

After OEMs, Tier 1s and investors pumped billions of dollars into numerous self-driving projects, cracks are beginning to form in the sector. Valuations and stock prices have dropped dramatically, and several AV companies are closing their doors as autonomy development takes too long for impatient investors.  But not all is lost.

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