Driverless Cars Are Coming to Vegas, Courtesy of... T-Mobile?

The first company to reach a fully autonomous, all-electric vehicle network would have the potential to upend the $2.5 trillion global transportation market, and big-time companies, from Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Waymo to Tesla (NASDAQ: TSLA), are aiming to do just that.

Yet there appears to be a long way to go before that happens. Although industry enthusiasts had predicted not too long ago we'd all be riding around in self-driving cars now, progress has been much, much slower than hoped. A recent lawsuit against Tesla, alleging partial responsibility for a recent fatality while a Tesla was possibly on Autopilot, won't help the cause either.

Yet a new "autonomous" start-up called Halo, in combination with 5G leader T-Mobile (NASDAQ: TMUS) will be launching its own unique service in Las Vegas later this year. Halo's more incremental approach to self-driving is vastly different than the full Level 5 capabilities these auto behemoths are chasing -- and it may just be the one best-suited to transition drivers from traditional driving to a self-driving future.

Source Fool.com