Today's Above Avalon stories:
- Alphabet Partners with Fiat Chrysler for Self-Driving Cars
- GoPro Is Up to Something
We begin today's email by taking a closer look at news of Alphabet partnering with Fiat Chrysler to make self-driving cars. We look at the motivation guiding each company in this partnership and why I remain skeptical. Next, we compare Alphabet's strategy for self-driving cars to Apple's and Tesla's strategies. We are getting a number of clues as to how various new players are thinking about the auto industry. The email then turns to GoPro's 1Q16 earnings. Even though GoPro is facing a number of daunting challenges given the current environment, it appears GoPro may be looking to change its camera strategy for long-term survival.
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