Tesla will create driverless car fleets

A top automotive analyst predicts in a report Monday that Tesla Motors will embrace a future involving fleets of shared driverless cars and has raised his price target to $465 a share on the stock, up from the current $280.

Analyst Adam Jonas says Tesla has such a lead on connected, electric cars compared to rivals that it is likely to create a new division with a name like Tesla Mobility.

Chris Woodyard, USA TODAY

Full Story: http://www.usatoday.com/story/money/cars/2015/08/17/tesla-morgan-stanley-driverless/31852563/