From Financial Modeling Prep: 2025-05-20 06:53:00

Alphabet’s Waymo expands uncrewed robotaxi service to San Jose after California regulators approve. With 1,500+ vehicles in major cities, Waymo aims for seamless integration and optimized rider experience. Tesla plans rival paid service in California after Austin launch.

Waymo paces market expansion to maximize vehicle use and integrate with local traffic. Expansion follows 23 stakeholder endorsements. Tesla’s Elon Musk eyes California launch after Austin debut.

Alphabet’s strong balance sheet supports Waymo’s growth. With AA corporate rating and 15% R&D intensity, Alphabet invests in frontier technologies. Waymo benefits from continuous software and hardware upgrades for market leadership.



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