Hyperdrive

Tesla, Ford and VW Sound the Death Knell for Driverless Car Hype

The collapse of Argo AI and emergence of a criminal probe into self-driving claims mark a turning point.

An Argo AI test vehicle in Pittsburgh.

Photographer: Jared Wickerham/Argo AI
Lock
This article is for subscribers only.

Stay on top of the auto industry’s transformation by signing up for Bloomberg’s Hyperdrive newsletter here.

The autonomous-driving sector just endured a day that tech and automotive giants may well look back on the way Wall Street recalls March 16, 2008.