Mobileye In Driver’s Seat Amid Push For Auto Safety
Mobileye (MBLY) shares gapped up in massive volume Wednesday on a pair of upgrades for the hot camera-based driver-assistance systems developer. The Israeli company makes systems for General Motors (GM), Ford Motor (F), BMW, Honda Motor (HMC), Nissan (NSANY) and Volvo, and aftermarket systems for Tesla Motors (TSLA). Last month, Mobileye joined forces with Paris-based Valeo to develop new front-facing camera-based safety systems. Morgan Stanley on