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Nomura Instinet analyst Romit Shah downgraded Tesla to neutral from buy in a note titled “No Longer Investable.” The note to clients starts by pointing out that previously he’s been one of the biggest bulls on the Street since initiating coverage last October.

Daimler AG is developing an autonomous electric vehicle that can toggle between a people carrier and a delivery van as the German manufacturer seeks an edge over rivals such as Alphabet Inc.’s Waymo and Deutsche Post AG in shaping the future of mobility.

The fledgling world of AI hedge funds is claiming one of its first casualties.

WASHINGTON — The small role Congress currently plays in policy for autonomous vehicle technology could eventually slow, or impede, progress for states and firms testing such systems, a key House transportation authorizer warned on Sept. 5.

SALT LAKE CITY — A Utah driver who slammed her Tesla into a stopped firetruck at a red light earlier this year while using the vehicle’s semi-autonomous function has sued the company, saying salespeople told her the car would stop on its own in Autopilot mode if something were in its path.

Bendix Commercial Vehicle Systems announced the next generation of both its Wingman Fusion advanced driver assistance system and its BlindSpotter side object detection system.

Google’s Waymo, Uber and carmakers GM and Mercedes-Benz are among the companies working to put driverless vehicles in showrooms. That competition also should help lower prices that can reach $75,000 apiece for the sensors that scan a car’s surrounding environment so it knows how to drive itself.

Daimler AG is equipping its flagship Mercedes-Benz truck with technology that can take the wheel in situations ranging from stop-and-go city driving to highway cruising.

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.