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January 19, 2018 04:00 am

Tesla Is Last In the Driverless Vehicle Race, Report Says

Navigant Research has compiled a new report on 19 companies working on automated driving systems, and surprisingly, Tesla came in last place. U.S. News & World Report: Navigant ranked the 19 major companies developing AV technology based on 10 criteria, including vision, market strategy, partnerships, production strategy, technology, product quality and staying power. According to the report, General Motors Co. and Waymo, the auto unit of Alphabet, are the top two AV investment opportunities in the market today. Tesla and Apple are the two biggest laggards in the AV race, according to Navigant's rankings. Investors are acutely aware of Tesla's production and distribution disadvantages compared to legacy automakers like GM, but Navigant is also highly critical of Tesla's technology. "The autopilot system on current products has stagnated and, in many respects, regressed since it was first launched in late 2015," Navigant says in the report, according to Ars Technica. "More than one year after launching V2, Autopilot still lacks some of the functionality of the original, and there are many anecdotal reports from owners of unpredictable behavior."

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