The future of the auto industry is electric vehicles and ridesharing in autonomous vehicles. Waymo, after years of service, lacks a profitability timeline. Tesla faces challenges with its robotaxi offering but has potential if safety and efficacy are demonstrated. Alphabet’s Waymo and Tesla are positioned as EV companies, with Tesla having a higher valuation due to robotaxi potential. It’s uncertain when Waymo will be profitable, raising questions about its future viability. Tesla has advantages over Waymo, including lower vehicle costs and more data for AI models. Waymo may become profitable, but Tesla is seen as a stronger competitor due to its approach to FSD and scalability. Investors favor Tesla over Alphabet for its potential in the EV market.

Read more at Yahoo Finance: Better EV Stock: Alphabet vs. Tesla (Hint: Robotaxis Are the Key)