Autonomous Vehicles Attract Investors

White vehicle

Photo by Alexey Balakin on Unsplash

Six-time Five Star Wealth Manager Marguerite Cassandra Toroian possesses more than two decades of experience in the investment banking sector. A noted economics expert, Marguerite Cassandra Toroian has previously appeared on CNBC financial segments and written extensively on investment topics. She has also invested in technology related to autonomous vehicles. 

Companies developing self-driving vehicles have been successful at attracting investment from high-profile venture capital and investment firms. In February 2019 alone, autonomous vehicle manufacturers secured nearly $2 billion dollars in investment capital. Tech firm Aurora Innovation even acquired over half a billion dollars in Series B funding. 

While the technical capacity of current models must be improved before these vehicles can be adopted into everyday use, investors are most interested in the quality and quantity of data that these cars and trucks can produce. One autonomous vehicle has the potential to produce 4,000 GB of data per day. Companies can use this data to develop more effective apps for traffic navigation, marketing, and safety features.

Puppy Mill Bans Gain Traction Nationwide

Marguerite Cassandra Toroian, noted financial analyst and author of the user-friendly investment guide “Don’t Buy the Bull”, has a long history of philanthropic activity. In addition to her work on the board of a Delaware-based homeless shelter, Marguerite Cassandra Toroian is a proponent of regulations that promote animal welfare, including the outlawing of puppy mills.

Puppy mills are defined as commercial breeders that disregard animal safety and welfare to maximize profits. The dogs raised in the egregious conditions of puppy mills often suffer from genetic defects and infections. To eliminate the profitability of puppy mills, many states and municipalities have passed laws that prohibit pet shops from obtaining animals from these types of breeders. California legislators were first to ban the sale of cruelly bred dogs from retail stores in 2017. Maryland and New York also followed suit. 

At the local level, more than 300 cities, including Boston, Chicago, and Austin have also banned the practice. Alongside the bans, many animal welfare groups are conducting awareness campaigns to encourage consumers and retailers to first consider adoption and to only buy dogs from licensed, reputable breeders.