Autonomous vehicles could be on the road sooner than you think. A company that is building towards that future is Luxoft.
Luxoft has partnered with Intel to create a new digital cockpit computer. The chip they have created will help suppliers in the automotive industry by creating one platform to implement a digital cockpit. This is an advancement because currently, it takes around 4 or 5 platforms.
Luxoft has also partnered with Ford to develop an in-vehicle translator app. It is designed to help companies adjust their product for foreign customers.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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