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Tesla’s robotaxi launch shows distance behind Google’s Waymo, WSJ says

Tesla’s (TSLA) (TLSA) robotaxi service launched in Austin, Texas with fewer than two dozen cars offering rides to handpicked adults in a small area of the city, a launch that serves as a reminder of how much distance remains between the progress made by Tesla compared to Waymo, Reuters reports. Waymo, the robotaxi service majority owned by Alphabet (GOOGL) (GOOG), began offering service in Atlanta, with the program serving a total of five cities with over 1,500 autonomous vehicles in total. Waymo was last valued at $45B while autonomous driving drives most of Tesla’s $1T value, the Journal notes.

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