Mobileye NV (MBLY): I think there are rumor of deal with Tes...

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sonetirot

Re: Cheetah SPEED post# 229

Tuesday, 09/30/2014 7:38:19 AM

Tuesday, September 30, 2014 7:38:19 AM

I think there are rumor of deal with Tesla.

http://seekingalpha.com/news/2005935-tesla-adds-driver-assistance-features-mobileye-a-possible-supplier

Global Equities reports some 85 kWh Tesla Model S (TSLA -0.5%) units sporting the car's Tech Package now support driver assistance (inc. lane departure) and speed assist features, as well as parking sensors. The firm speculates Mobileye (MBLY +7.1%) is providing the driver-assistance tech.
Tesla's site doesn't yet mention the features under its listing for the Tech Package. However, a manual for the latest update to the Model S' software (Version 6.0) does mention lane departure and speed assist systems, and notes each relies on a windshield-mounted camera. Moreover, Tesla has said "some Model S [units] being delivered in North America" now come equipped with the features.
Mobileye rallied three weeks ago after Elon Musk stated Tesla will offer a car with elements of a self-driving system in 3 years, and will "use sensors and sub-components from many companies." Musk added a fully self-driving car could arrive in 5-6 years.