Mobileye founder Amnon Shashua steps down as CEO
The board will search for a new CEO, and Shashua has been offered the chairman role.
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Provider of ADAS and autonomous driving systems
mobileye.comLast updated
In short: Mobileye expanded its robotics and autonomous driving portfolio, beat 2026 revenue estimates, and announced founder Amnon Shashua's exit.
The board will search for a new CEO, and Shashua has been offered the chairman role.
Revenue flat at $508M, operating loss improved 59%, adjusted operating income up 46%, and full-year guidance raised.
The technology uses REM crowdsourced intelligence for hands-free driving, with first U.S. models in 2027.
Europe's GSR second wave, US voluntary frameworks, China's accelerating regulation, and global trends toward accountable automation are discussed.
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