Tuesday, May 7, 2013

GOOG: Google (GOOG -0.6%) roundup:1) Elon Musk says...

12:34 PM Google (GOOG -0.6%) roundup:1) Elon Musk says Tesla (TSLA) is talking with Google about using its self-driving tech. However, he views it as the equivalent of a plane's autopilot mode rather than a total replacement for human control, and criticizes the cost of Google's sensor system - Musk says Tesla will likely develop a cheaper camera-based system. 2) ChannelAdvisor reports same-store sales for clients via search ads rose only 2.3% Y/Y in April. Sales via shopping engines (such as Google Shopping) rose 6.1%. 3) TheStreet's Anton Wahlman points out Google Glass could see strong commercial uptake. Soldiers, emergency personnel, and retail industry workers are named as potential users. Read comments

GOOG price at time of publication: $856.67. Check GOOG price now »

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