Mobileye split with Tesla spurs debate on self-driving tech


NEW YORK, NY - JULY 05: The inside of a Tesla vehicle is viewed as it sits parked in a new Tesla showroom and service center in Red Hook, Brooklyn on July 5, 2016 in New York City. The electric car company and its CEO and founder Elon Musk have come under increasing scrutiny following a crash of one of its electric cars while using the controversial autopilot service. Joshua Brown crashed and died in Florida on May 7 in a Tesla car that was operating on autopilot, which means that Brown's hands were not on the steering wheel. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

BENGALURU/DETROIT: A rift between Tesla Motors Inc and key supplier Mobileye NV sent down shares of the Israeli maker of chips for the electric vehicle maker's semi-automated Autopilot system and fanned debate on self-driving vehicle technology. 

Mobileye shares, which have been wildly popular with institutional and tech investors, were down 7.7% at US$45.50 (RM185.44) on July 26 after the company said its contract with Tesla would not be renewed. Tesla stock fell 0.9% to US$227.94 (RM928.98). 

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