How to Profit From the Rise of Autonomous Vehicles

Lou Basenese

Thursday, November 18, 2021

Like it or not, our future will undeniably be electric and autonomous.

Heck, I’d even argue that the future is already upon us.

After all, most of the technology we need to navigate our roadways without fossil fuels or full-time drivers already exists.

On the electric front, it’s merely a matter of scaling the tech.

And on the autonomous front — well, it’s about refining the tech so it’s ready for mass deployment.

Why am I bringing this up today?

Because once tech adoption becomes imminent, it represents the last big chance to profit from it.

And I don’t want you to miss out on a very specific opportunity.

I’ll get to the opportunity in a moment…

But first, a quick history lesson...

A Budding $7 Trillion Trend?

“Way” back in 2017, Strategy Analytics and chip giant Intel (INTC) predicted that the self-driving car economy would one day be worth $7 trillion.

Keep in mind, there are only a handful of industries that top $1 trillion in annual revenue. So you couldn’t ask for a bigger and bolder call.

But Intel didn’t just make a bold prediction. It acted on it!

As you’ll recall, in that very same year, the stodgy “Old Tech” company plunked down $15.3 billion to acquire self-driving car technology maker, Mobileye (MBLY).

My readers and I were early to the trend and pocketed a nice double-digit gain on the deal. I’m not bringing this up to brag, however.

Instead, I bring it up to demonstrate a key point: mega-cap tech companies always struggle to keep up on the innovation front. So instead of being left behind or spending the time and money on Research & Development to catch up, they prefer to spend it by innovating through acquisitions.

They simply buy compelling upstarts to gain meaningful exposure to the next major tech trends.

Intel’s deal for Mobileye is simply one example that proves it.

But if you take a moment to review the list of Apple’s (AAPL) 100+ acquisitions since 1988, you’ll notice the same truth:

For everything from biometric authentication to artificial intelligence to gesture recognition, Apple “bought” innovation to bolster its own product offerings.

And when it comes to electric and driverless cars, it appears Apple could be preparing to follow this playbook once again...

You see, earlier today, Bloomberg reported that the world’s biggest tech company is “pushing to accelerate development of its electric car and is refocusing the project around full self-driving capabilities… aiming to solve a technical challenge that has bedeviled the auto industry.”

What’s this challenge Bloomberg is referring to? It’s a big one:

Seeing the road clearly!

Problem Meets Solution

That’s right. When it comes to the $7 trillion autonomous driving trend, major tech companies need to play catch-up on the technology that enables cars to “see.”

Currently, self-driving cars navigate their surroundings based on images from low-quality cameras, or based on a technology known as LiDAR.

And their “vision” is limited to something that looks like this:

(click image to enlarge)

Well, you can barely tell that’s a road at all!

And that’s one of the main reasons that this technology hasn’t taken hold yet. But not for much longer.

The good news is, just like I did early with Mobileye, my colleagues recently identified a tiny Silicon-Valley startup that’s pioneering a groundbreaking new device that could solve this problem — and in turn, enable wide-scale adoption of autonomous vehicles.

How so? Well this startup’s technology could give self-driving cars a crystal-clear view of everything around them.

As such, the technology holds the promise to be the key tech innovation and refinement that enables widespread adoption.

It also puts the company squarely in the crosshairs of major tech companies for an acquisition.

In fact, my colleagues predict this pre-IPO company could become one of the most valuable players in this market, fetching anywhere from $1 billion to as much as $30 billion in a takeover.

That could hand early investors a profit of 4,616% — and possibly far more than that.

Which is why my partner, Matt Milner, recently compiled an in-depth research report on this company…

And if you click here, you can read it in full right now »

Ahead of the tape,
Lou Basenese
Lou Basenese


Tags: Self-driving Cars

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