This announcement raises all sorts of red flags, not just for Udacity in particular, but for Silicon Valley as a whole.

This is the story:

Online correspondence school announces it's making a self-driving car, and issuing "nanodegrees" of dubious reputability.

I'm sorry, but what does a correspondence school have to do with self-driving cars? How does this promote the core business? How does even relate to the core business? Does Udacity have any technical talent that would even be relevant to this? (I'm betting they don't have any computer vision experts.)

This strikes me as a company with too much money, and not enough supervision.

This is not going to end well, for anyone.