TSLA: 3 Autonomous Vehicle Stocks to Buy on the Dip – StockNews.com

Autonomous vehicles (AV) are the next major revolutionary development for transportation. If we look at previous innovations in transportation like the domestication of horses, bicycles, or automobiles, we see that they had major impacts in terms of how people live, work, and socialize.

We may be a couple of decades away from autonomous vehicles becoming ubiquitous, but they offer similar promises in terms of changing human existence. Auto fatalities would decrease as would traffic congestion. Commuting would become more pleasurable and productive. People would have more flexibility and options when it comes to choosing where they want to live. Infrastructure and urban life would improve as there would be less need to provide designated parking spaces.

Many investors are interested in this theme because it is likely going to be more than a trillion-dollar industry. One strategy is to try to pick the winners and losers out of the automakers, component providers, and tech companies…

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