Autonomous Vehicle News
ARKQ’s 13.52% weight to Tesla (NASDAQ: TSLA) -- a self-driving leader -- puts the ETF’s front and center when it comes to the investable side of the burgeoning autonomous transportation industry. It’s flawed in harsh weather conditions, and drivers may opt to disengage a related platform in other high-risk driving scenarios. Rather, the emphasis is safety, meaning that if companies such as Tesla can prove to regulators that self-driving technology improves safety, the concept could enjoy wider mainstream adoption. Of note to ARKQ investors and those considering the exchange traded fund, Tesla is arguing for broader deployment of full self-driving technology. “To evaluate the incremental safety of FSD, an apples-to-apples comparison would be against a manually driven Tesla.