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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