Graf Industrial (GRAF) Stock Is A Great Bet on the Future of Transportation

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The simple reason to buy Graf Industrial (NYSE:GRAF) stock is that it is a bet on the growth of self-driving cars. Graf, a special purpose acquisition company (SPAC), is merging with Velodyne Lidar, a key supplier for autonomous vehicles.

A Velodyne Lidar (GRAF) demonstration car parked at a display.

Source: Dmitry Eagle Orlov / Shutterstock.com

That simple case probably is enough. Self-driving cars unquestionably are the future. They are one of the real hypergrowth trends of the coming decade, a period I’ve called the Roaring 2020s.

Obviously, self-driving cars won’t arrive tomorrow, or even next year. But they’re on the way. And as we’ve seen elsewhere in the market, investors remain content to wait years, if necessary, for the market’s best growth stories. Graf and Velodyne well could be one of those stories.

But what makes GRAF stock truly exciting is that it is more than just a play on autonomous vehicles. Its LiDAR (light detection and

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Tesla hiring team of software engineers to develop car video games based at its upcoming Gigafactory in Texas

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a close up of a sign: Tesla is putting together a software development team to be based at its upcoming plant in Austin, Texas. Photo: AP Photo


© AP
Tesla is putting together a software development team to be based at its upcoming plant in Austin, Texas. Photo: AP Photo

Tesla is building a new video game development team in Austin, Texas, where its fifth Gigafactory is under construction, as the world’s bestselling electric carmaker looks to create a more fun in-car experience.

The team, which will include video game and infotainment software engineers, user interface engineers and rendering engineers, represents the carmaker’s stepped-up efforts to build a strong video game platform following the release of several games in May.

“Tesla strives to make its cars the most fun possible; bringing video game experiences to the car helps increase that fun,” the carmaker wrote in the job description of the video games engineer on its website. “In this incredibly rare opportunity to help build a video games platform, we are looking for a highly motivated software engineer

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A millennial car customizer who counts Lebron James and Kendall Jenner among his clients explains why he’s expanding his business with a luxury shoe line

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a person standing on top of a grass covered field: Vik Tchalikian. Vik Tchalikian


© Vik Tchalikian
Vik Tchalikian. Vik Tchalikian

  • Car customizer Vik Tchalikian has a client list that includes Lebron James, Kendall Jenner, and even singer Billie Eilish.
  • In early July, Tchalikian expanded his car business, RDB LA, into the luxury fashion sector by launching a shoe line: RDB Shoes.
  • In an interview with Business Insider, Tchalikian talks about the transition from cars to luxury fashion, and what he’s learned about making high-end shoes.
  • Visit Business Insider’s homepage for more stories.

To car customizer Vik Tchalikian, it doesn’t matter if you drive a Mercedes Benz G-Wagon or a Honda Accord — if you want a snowplow attached to the front of your car, he’ll do it. 

“Logan Paul had us put a snowplow on the front of his big G-Wagon Mercedes Benz,” Tchalikian told Business Insider. “That job cost almost 30,000.”

Apparently, according to Tchalikian, the snowplow was used just once for

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Hyperloop will revolutionize transportation in post-coronavirus world

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Even though hyperloop capsules can reach speeds of 760 miles per hour, on a practical level, this transportation sector appears to be stalled.

Nearly all high-density transportation, from airlines to bullet trains, has come to a near halt amid the worst pandemic in a hundred years. Amtrak cars are deserted, as the railroad passenger service weighs cutting more jobs and access to rural areas. Consulting firm Deloitte notes transportation organizations must contend with “skeletal” workforces and an “unexpected shortfall in their finances” for the foreseeable future.

The challenges facing the transportation sector are significant and multi-faceted.

But past the pitfalls of this antiquated system of steel railroads and cumbersome commercial flights lies a faster future. When we arrive, we’ll enjoy new travel experiences defined by safety, speed, environmentalism and improved comfort.

To get there, you’ll need a fifth mode of transportation: Something low density, yet high volume. Something that is

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