Tesla’s robotaxi debut in Austin got people excited. But can the company compete on the global stage with Chinese AV giants like Baidu and Pony.ai?
Tesla’s robotaxi debut in Austin got people excited. But can the company compete on the global stage with Chinese AV giants like Baidu and Pony.ai?
Does the US only really have Tesla?
Waymo is already live in 5 US cities. Waymo has been operating in Austin for over a year city-wide while Tesla kept moving back their rollout and still only operates in a sliver of the city, and only during the day in good weather. Zoox has been heavily testing in Austin and is likely to go live at some point soon.
There’s Waymo (which by the way is owned by Alphabet aka Google) and Uber is now entering the market by partnering with Lucid. All that to say is that Teslas valuation is still nonsense even if they do manage to rollout 10 gazillion robotaxis in the next 6 months because they are not the only players in the market. Or in any market that they are in for that matter.