Skip to main content

Market Overview

Tesla Robotaxi Rival Waymo Expands Services In California Amid US Autonomous Vehicle Push

Share:
Tesla Robotaxi Rival Waymo Expands Services In California Amid US Autonomous Vehicle Push

Alphabet Inc.'s (NASDAQ:GOOGL) (NASDAQ:GOOG) self-driving taxi service, Waymo, has announced it will serve multiple new areas in California.

What Happened: The company took to social media platform X to announce the expansion of its services on Tuesday. "Starting today in SF, with new areas coming to LA later this week," Waymo said in the post.

Areas in the Bay Area include Brisbane, South SF, Millbrae, Burlingame and San Bruno, as well as Menlo Park in Silicon Valley. While in Los Angeles, the service would now be available in the Inglewood and Silverlake areas.


Why It Matters: The expansion comes after Waymo temporarily ceased operations in Downtown Los Angeles following the Anti-ICE protests, which led to vandalism of the Waymo fleet, with over five autonomous taxis damaged.

Despite this, Waymo remains a key player in the U.S. Robotaxi race, having recently reached the 10 million paid autonomous rides milestone.

Elsewhere, Tesla Inc. (NASDAQ:TSLA) is gearing up to launch its own Robotaxi service in Austin on June 22 as Elon Musk's Cybercab ambitions begin to take shape.

Alphabet scores well on Quality and Growth metrics, while offering satisfactory Value and Momentum. For more such insights, sign up for Benzinga Edge Stock Rankings today!

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read Next:

Photo courtesy: Sundry Photography / Shutterstock.com

 

Related Articles (GOOGL)

View Comments and Join the Discussion!

Posted-In: Cybercab electric vehicles Elon Musk EVs mobility robotaxi WaymoTech

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com