Mobileye lowers guidance & anticipates larger losses in 2023 due to Tesla EV price war
Tesla has engaged in a price war in China with several EV manufacturers that are utilizing Mobileye technology.
New to Shacknews? Signup for a Free Account
Already have an account? Login Now
Tesla has engaged in a price war in China with several EV manufacturers that are utilizing Mobileye technology.
The IPO for Mobileye raised Intel $861 million, with Mobileye stock up 34 percent at $21 per share.
Shares are expected to be priced anywhere between $18 and $20 each.