Big tech predictions #1: Tesla vs Waymo
A recurring series checking in on predictions about advances in big tech.
The company plans to add seven new operating areas this year and has aggressive plans to double its number of robotaxis every month.
“By April, Tesla will catch up with and quickly surpass Waymo’s 2,000 vehicle fleet,” Blair’s Dorsheimer predicted, highlighting Tesla’s massive growth plans for the year.
The rollout of Tesla’s fledgling robotaxi business is going more slowly than expected, several Wall Street analysts said, following an uncharacteristically downbeat update from CEO Elon Musk.
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Musk told investors he hoped to have robotaxis and driverless vehicles in “a dozen or so states” by the end of the year, and said the company is taking a “cautious approach” to avoid injuries or fatalities. He offered no new details about a robotaxi expansion to Dallas and Houston that Tesla announced on social media last weekend.
Verdict: WRONG