Home / Features / Tesla Motors (NASDAQ:TSLA) Releases Footage Showing Off Its Progress In Driverless Car Technology Space

Tesla Motors (NASDAQ:TSLA) Releases Footage Showing Off Its Progress In Driverless Car Technology Space

Tesla Motors, Inc. (NASDAQ:TSLA) [Trend Analysis] luring active investment momentum, shares a loss -0.27% to $184.52. American automaker, Tesla (TSLA) reported that footage showing off its progress in the driverless car technology space. The video comes following Tesla reported in October that all of its future cars will come with the technology that will allow it to drive about on its own. The self-driving demo was shared by CEO Elon Musk via a tweet.

The footage is shot from the car’s POV (point of view) showing all the hurdles or in-path objects that the technology recognises to ensure a seamless journey, even in areas with traffic signals and other cars on the road. The video shows how the car manoeuvres through by-lanes with ease, stopping at signals, recognising when to slow down by understanding hurdles and objects in front of it.

The footage shows how the software in the car recognises in-path objects, people, road reaches into, road lights, and even lane lines, all of which are asinked in different colour codes. The video has a man sitting in the driver’s seat to aoffere by the law of the government; however, the man is seen doing nothing through the duration of the drive. He is neither steering the wheel, nor has his legs on the brake or accelerator. All through the duration of the footage, the driver has his hands firmly resting on his lap. The total volume of 4.35 Million shares held in the session was surprisingly higher than its average volume of 3930.22 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -193.60%, and looking additional price to next year’s EPS is 83.80%. While take a short look on price to sales ratio, that was 4.76.

Several matter pinch shares of Monarch Casino & Resort Inc. (NASDAQ:MCRI) [Trend Analysis], as shares moving down -2.06% to $24.69 with a share volume of 145910. Monarch Casino & Resort, Inc. (NASDAQ:MCRI) reported that Firm has completed its new parking structure at Monarch Casino Black Hawk and secured from the City of Black Hawk the necessary temporary certificate of occupancy for the garage. Offering about 1,350 parking spaces spread across nine floors, the new parking structure is accessible for use by Monarch Casino Black Hawk guests, who are being provided with shuttle service from the new parking garage to the existing casino. The Firm plans to open the hotel tower and expanded casino in phases, starting with the casino, and will continue shuttle service until the new casino opens and connects to the new parking garage, at which time the shuttles will no longer be necessary.

“The completion and opening of the new parking structure in Black Hawk is an important milestone in our property expansion project and represents a major step forward as we move towards completion of our resort destination,” stated John Farahi, Co-Chairman and Chief Executive Officer of Monarch. The stock is going forward its 52-week low with 42.80% and moving down from its 52-week high price with -5.51%. To have technical analysis views, liquidity ratio of a firm was calculated 1.10 as evaluated with its debt to equity ratio of 0.13. The float short ratio was 2.53%, as compared to sentiment indicator; Short Ratio was 6.54.

 

About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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