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Non-Tech : Kirk's Market Thoughts

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To: robert b furman who wrote (10076)	7/9/2020 11:49:54 AM
From: Kirk ©	Read Replies (2) of 26824

I took major profits in my international growth mutual funds of which TSLA had become a top 10, and probably a top 4 holding. It is scary to think how big a part of index and regular mutual funds it has become... Self-driving technology Tesla (NASDAQ: TSLA) is "very close" to achieving level 5 autonomous driving capabilities, CEO Elon Musk said by video at the opening of the World Artificial Intelligence Conference in Shanghai. "I remain confident that we will have the basic functionality for level 5 autonomy complete this year," he added, as the company competes against Google's Waymo ( GOOG, GOOGL), GM's Cruise (NYSE: GM), Amazon's Zoox ( AMZN) and Uber (NYSE: UBER) in the self-driving arena. Level 5 is typically referred to as "full automation," where all roads and environmental conditions can be managed without a driver and steering wheels are optional. Interesting that Larry and Mo... er Musk nearly doubled their money after buying the secondary earlier this year..... 4 months to go from $300s to $1400s! WOW!

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