Based on Tesla’s last closing price, those shares are worth over $22 million. The acquisition deal included a position for DeepScale founder and CEO Forrest Iandola as a senior machine learning specialist working the Autopilot team, which is where DeepScale… There are at least five others which include Maxwell Technologies from early this year and Solarcity in 2016. The acquisition will also be key to Tesla realizing its plans, announced earlier this year, to launch a completely autonomous ridesharing network by next year. Tech giant Tesla announced buying of DeepScale, a computer vision start-up that the company hopes to help in further evolving of fully driverless vehicles.. ... DeepScale acquisition: Fast-forwarding Tesla self driving. Tesla Inc. has reportedly acquired computervision startup DeepScale Inc. CNBC cited unnamed sources who said the Mountain View business had been acquired but no price was disclosed. Forbes - Oct, 4 2019. DeepScale is a technology company that develops perceptual systems for semi-autonomous and autonomous vehicles. In setting a marketing and sales strategy, a … Tesla acquired Deepscale, a California-based startup, in its efforts to build a fleet of robotaxis by 2020. About DeepScale Stock.
Find the latest Tortoise Acquisition Corp. (SHLL) stock quote, history, news and other vital information to help you with your stock trading and investing. Cost Of Acquisition: A business sales term referring to the expense required to attain a customer or a sale. View real-time stock prices and stock quotes for a full financial overview. Besides the reporting of the acquisition, this new deal has been kept quiet. SPAQ | Complete Spartan Energy Acquisition Corp. stock news by MarketWatch. Deepscale is Tesla's sixth acquisition, including Maxwell Technologies in May 2019. What Tesla’s Grab Of DeepScale Is All About. The new acquisition of DeepScale by Tesla is the latest deal made by the electric car company.

Deepscale in the Press “Machine learning solutions will be the key driver for autonomous driving. ... Tesla’s AI Acquisition: A New Way For Autonomous Driving? On October 30, in a tweet, Tesla CEO Elon Musk confirmed that the price of Tesla’s full self-driving package would rise by $1,000. Forbes - Oct, 4 2019.

Electrek’s Take It confirms that Hibar and Deepscale were relatively small acquisitions for Tesla.