From Zacks Investment Research: 2025-05-12 17:06:00

1. Technological advances are driving disruption on Wall Street, with companies that fail to adapt facing a slow demise. Blockbuster’s failure to adapt to Netflix’s streaming service resulted in its downfall, while Netflix thrived as one of the best-performing stocks of the 2000s.
2. Robotaxis are becoming a reality, offering increased safety, cost reduction, and more vehicles on the road. With advancements in artificial intelligence and sensors, autonomous vehicles are set to revolutionize transportation by reducing human error and distraction.
3. Waymo leads the robotaxi market with regulatory clearance, operating in multiple cities and growing its paid rides to over 250,000 per week. Tesla, despite delays, will enter the robotaxi market in June, offering a lower-cost alternative to Waymo’s expensive technology.
4. Waymo has an early advantage over Tesla in the robotaxi war due to its proven track record and scale. However, Tesla’s lower cost approach may allow it to catch up and potentially enjoy higher profit margins in the long run. The future of autonomous transportation is uncertain, with the robotaxi wars just beginning.

Read more at Zacks Investment Research: Tesla to Debut Self-Driving Taxi in June as Robotaxi Wars Begin – May 12, 2025