From Yahoo Finance: 2025-04-27 14:41:00

The autonomous vehicle market is thriving, valued at $68.09 billion in 2024. Goldman Sachs Research predicts Level 3 autonomous cars could make up 10% of new car sales globally by 2030. S&P Global reports the industry is shifting focus to practical applications like Level 4 autonomy. Waymo leads in ride-hailing scalability.

Microsoft Corporation (MSFT) is a key player in the autonomous vehicle industry, collaborating with top automakers and partners like Wayve and Wejo Group Limited. Despite underperforming in the first quarter of 2025, Microsoft’s cloud sales exceeded $40 billion, with AI revenue growing significantly. Analysts remain optimistic about Microsoft’s position as an AI industry leader.

MSFT ranks 7th in the 11 Best Self-Driving Car Stocks to Buy According to Analysts. While acknowledging the potential of self-driving car companies, Insider Monkey believes AI stocks offer greater promise for higher returns in a shorter timeframe. Consider exploring their report on the cheapest AI stock for more information.



Read more at Yahoo Finance: Is Microsoft (MSFT) Among the Best Self-Driving Car Stocks to Buy According to Analysts?