Startup Alert: These 2 Autonomous Vehicle (AV) Companies Offer Investors Tesla-Like Returns

Early investors in Tesla have booked gains upward of 4,100%. With these outsize returns well behind us, investors are looking for the major disruptor in the auto industry. Today, analyst Sean McCloskey discusses two companies that could offer first movers Tesla-like returns in the coming years. Early investors in Tesla have booked gains upward of 4,100%. With these outsize returns well behind us, investors are looking for the major disruptor in the auto industry. Today, analyst Sean McCloskey discusses two companies that could offer first movers Tesla-like returns in the coming years. [Wealth Daily logo] Startup Alert: These 2 Autonomous Vehicle (AV) Companies Offer Investors Tesla-Like Returns By Sean McCloskey Written Apr 19, 2021 In breaking tech news last week, reports indicate that Pittsburgh, Pennsylvania-based self-driving startup Argo AI is strongly considering an IPO this year. Bloomberg reports: Bryan Salesky, Argo’s co-founder, told employees in an all-hands meeting April 1 the company is looking to boost its funding as it comes closer to commercializing its self-driving technology, said the people, who asked not to be identified revealing internal discussions. Ford, which invested $1 billion in Argo in 2017, plans to roll out robo-taxis and driverless delivery pods in 2022. Argo is making a huge splash in the autonomous driving space and, as noted above, is garnering hefty support from the auto industry. As previously cited, Ford Motor Co. is a major investor that's already pumped $1 billion into Argo. And reports also note Argo received a $2.6 billion cash infusion from the world’s largest automaker, Volkswagen AG, in 2020. This is a major opportunity for those looking to add a high-octane growth stock to their portfolio this year. Argo AI was founded in 2016 by former longtime employees from Google and Uber’s autonomous driving program. The company's autonomous systems are based on advanced LiDAR, a preeminent solution for driverless technology, and contributed to its acquisition of LiDAR company Princeton Lightwave The joint venture represents both companies' plans to launch a self-driving taxi service sometime this year. Did You See Jeff Bezos’ 60 Minutes BOMBSHELL? Jeff Bezos casually let slip that he’s going in on a groundbreaking new technology set to alter the lives of 324 million Americans... It will impact $7 out of every $10 we spend... And could hand fast-moving investors a titanic four-figure windfall in the coming years. [Click here immediately to discover the new sector Jeff is betting big on.]( Why Does This Matter? Self-driving technology has made incredible advances over the past few years. We’re just a stone's throw away from seeing fleets of self-driving taxis, limos, buses, and semi-trucks in the major metropolises of the United States. And that means a swath of new investment opportunities with which to pad your bottom line. With the accelerated adoption rate of self-driving technology, Argo has the chance to capitalize on the convergence of a number of tailwinds that could result in huge gains for early investors. We can use Tesla (NASDAQ: TSLA), the most recent trendsetter in innovative car designs, as an example. For the better part of a decade, Tesla, while known as an electric vehicle (EV) play, was actually also one of the only ways retail investors could claim a stake in the autonomous driving space. It was also without a doubt the only investment folks could make that actually returned huge gains on this game-changing technology over the past decade. After IPOing in 2010 at a share price of roughly $17, yesterday shares were trading just shy of $740, representing nearly a 4,253% return. [TSLA Max Chart] Tesla shareholders who have owned the company through all its ups and downs deserve the riches they acquired But it’s important to note that this landscape is changing rapidly. For another triple-digit (100%) gain on TSLA, shares would have to rise to a price of $1,480. That’s a big ask. Unfortunately, we’ll have to wait and see if Argo AI actually follows through and IPO's this year. The insider reports say yes. And my research tells me this is a company you’ll want to keep an eye out for when it does debut. [QUIZ] Most Investors Get This Wrong What do you think is about to kill Tesla? ([Skip ahead for the answer.]() - [Elon Musk’s tweets]( - [SEC]( - [Chinese competitor NIO]( - [Off-the-radar fuel (NOT hydrogen)]( No matter what you pick, when you really think about it, the answer isn’t actually that surprising. Make your selection to find out! But if You Can’t Wait Until Then... TuSimple Holdings Inc. is an autonomous technology company that was founded in 2015 and is based in San Diego, California. The company develops autonomous technology specifically designed for semi-trucks in the U.S., Canada, and Mexico, and is focused on purpose-built Level 4 (L4) autonomous systems. Its autonomous freight network (AFN) is an ecosystem that consists of L4 autonomous semi-trucks, high-definition digital mapped routes, terminals, and TuSimple Connect, a cloud-based autonomous operations oversight system. The company raised $1.08 billion in its first day of trading on the Nasdaq on April 15 with a volume of 34 million shares trading hands. The company is currently valued at just over $7 billion. MarketWatch reports the company claims a fleet of 70 trucks already on the road in the U.S. and China, and has 5,700 reservations for its trucks. Moreover, with Volkswagen backing the company financially, TuSimple has the support from a key player in the automotive industry. If you need a stake in autonomous driving today, you’ll be happy to know after TuSimple's IPO yesterday, shares are already trading at a discount. To your wealth, Sean McCloskey Editor, Energy and Capital Editor's note: I can’t wait to ride in my first fully autonomous vehicle. Road trips to visit my folks 10 hours away down the I-95 Corridor is something I never enjoy. But sleeping, eating, and watching movies from the back seat while my car drives itself is a different story. It sounds like heaven to me. But without the creation of one unique technology, none of the above is possible. The good news is this technology is quietly making all the big tech promises of the 21st century, from ultrafast 5G to driverless cars, a reality. The even better news is you can invest in this tech for potentially huge gains right now. [Learn more by clicking here.]( Browse Our Archives [With NFTs, You Need Locks for Your Keys]( [Heavy Shipping's Zero-Emission Diesel Successor]( [The Soft Way to Own Hard Assets]( [Impossible Foods Targets a $10 Billion Valuation]( [The REAL Inflation Trend]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. If you're not sure why you've received this e-letter, or no longer wish to receive it, you may [unsubscribe here](, and view our privacy policy and information on how to manage your subscription. To ensure that you receive future issues of Wealth Daily, please add newsletter@wealthdaily.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. [Wealth Daily](, Copyright © 2021, [Angel Publishing LLC](. All rights reserved. 3 E Read Street Baltimore, MD 21202. The content of this site may not be redistributed without the express written consent of Angel Publishing. Individual editorials, articles and essays appearing on this site may be republished, but only with full attribution of both the author and Wealth Daily as well as a link to www.wealthdaily.com. Your privacy is important to us -- we will never rent or sell your e-mail or personal information. [View our privacy policy here.]( No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. [Wealth Daily]( does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question.