Mobileye (MBLY) Opens For Trading

Mobileye (MBLY) is the subject of today’s Under 30 stock. In this segment, Jenny Horne and Alex Coffey discuss the market re-debut Wednesday of MBLY self-driving technology now 95% owned by Intel (INTC). George Tsilis joins the conversation and breaks down the IPO in which Mobileye (MBLY) priced 41M shares at $21 per share, raising $861M. George discusses structural challenges facing the company including, decelerating sales growth, competition from TSLA, GM, F, GOOGL and autonomous chip technology producers like NVDA. Alex and George discuss issues facing autonomous driving companies; TSLA is facing lawsuits over its self-driving cars and Ford is shutting down its Argo AI production why invest in Mobileye (MBLY)? George weighs in.