Self-driving tech companies witness 81% drop in market value in just 2 years

In the past two years, self-driving tech startups have lost a combined 81 percent of their market value, dropping from a total of nearly $51 billion offering time to a mere $9 billion this month.

Self-driving technology companies experienced a funding boom in 2020 and 2021, but investors’ love affair with the space didn’t last.

[Via]

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