While robotaxis are barely starting to be offered, many investors see the market as a two-horse race, with Uber (UBER) not among them, Dan Gallagher of The Wall Street Journal reports. Google’s (GOOGL) Waymo is offering full commercial services in six U.S. cities while Tesla (TSLA) offers its robotaxi service in Austin, Texas and the San Francisco Bay Area. While Uber was partnered with Waymo for service in two markets, Uber’s lack of involvement in subsequent market announcements have shown Waymo is planning to continue its expansion alone. As a result, Uber’s stock has lost nearly one-quarter of its value over the past six months as more fear the company will be left behind as robotaxis become more integrated.
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