Tesla ‘Corrects’ Autopilot Critics; Mobileye Rises

By | December 17, 2015

Scalper1 News

Mobileye (MBLY) crumbled Wednesday after short seller Citron Research named the company its 2016 “short of the year.” But the driver-assistance technology developer’s shares are rallying in the stock market today after Tesla Motors (TSLA) said in a blog post that it will continue to use Mobileye’s vision chip as part of its Autopilot feature. Citron cited a Bloomberg article from Wednesday in which a car hacker called Mobileye’s technology Scalper1 News

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