Tesla’s stock is trading at a high valuation due to CEO Elon Musk’s plans for a self-driving car and robotics business. Meanwhile, the company’s market share is dropping in the EU, US, and China, leaving investors uncertain about its future.
Waymo, Alphabet’s division, leads the robotaxi and self-driving car sector in 14 markets, with plans to expand to 10-12 more soon. With partnerships in over 100 communities and Uber, Waymo’s technology could reach cities worldwide pending government approval.
Unlike Tesla, Waymo has no manufacturing business and can partner with any car company globally. While Tesla must win the self-driving car race to support its market valuation, Waymo does not face the same challenge and is considered Tesla’s archenemy.
Many Americans are realizing they can retire earlier than expected by answering three quick questions about retirement planning. The difference between accumulation and distribution strategies is causing millions to rethink their retirement plans.
Read more at Yahoo Finance: Waymo Could Wreck Tesla’s Most Important Plan
