Tesla Inc. (TSLA) - Get Report is developing a long-haul, electric semi-truck with autonomous driving capabilities that move in "platoons" and automatically follow the direction of a lead vehicle. They are nearing the completion of a prototype of the trucks. One person that probably isn't feeling this news is billionaire Warren Buffett. "Autonomous vehicles would hurt us if they spread to trucks," Buffett said to Berkshire Hathaway shareholders. Tesla's truck reveal could be a huge catalyst for the trucking industry.
This article was written by a staff member of TheStreet.