Alphabet said Thursday that Waymo is now providing over 250,000 paid robotaxi rides per week in the U.S., up from 200,000 in February, according to CNBC. CEO Sundar Pichai highlighted expansion efforts and new partnerships with Uber and automakers. Pichai said Waymo is still shaping its long-term business model and may allow personal ownership of its self-driving vehicles while exploring ways to scale operations. Tesla CEO Elon Musk, who aims to launch Tesla robotaxis by June, criticized Waymo’s lidar-based approach as costly and low volume.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Alphabet said Thursday that Waymo is now providing over 250,000 paid robo-taxi rides per week in the U.S.,
00:08up from 200,000 in February, according to CNBC.
00:11CEO Sundar Pinchay highlighted expansion efforts and new partnership with Uber and automakers.
00:16Pinchay said Waymo is still shaping its long-term business model
00:19and may allow personal ownership of its self-driving vehicles while exploring ways to scale operations.
00:25Tesla CEO Elon Musk, who hopes to launch Tesla robo-taxis by June,
00:29criticize Waymo's LiDAR-based approach as costly and low-value.
00:33For all things money, visit Benzinga.com slash GSTV.