3 Driverless Car Stocks to Buy and Hold for at Least a Decade

"Autonomous vehicles have arrived for both rideshare and trucking," Goldman Sachs Research analyst Mark Delaney wrote this summer. "We believe the key focus for investors is now on the pace at which AVs [autonomous vehicles] will grow and how big the market will become, rather than if the technology works." That's an exciting statement. Goldman Sachs' research also estimates that robotaxis' rideshare market will post a compound annual growth rate of roughly 90% from 2025 to 2030, at which point autonomous vehicles will generate about $7 billion in annual revenue with only 8% of the U.S. rideshare market. There's a lot of growth to be had as autonomous vehicles, robotaxis, and driverless trucks hit the roads.Many investors are intrigued by the potential of driverless car stocks, but many aren't quite sure where to look yet. Here are three potentially monster driverless car stocks to consider.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool