TechCrunch Mobility: Is $16B enough to build a profitable robotaxi business?
View original at finance.yahoo.comTechCrunch Mobility: Is $16B enough to build a profitable robotaxi business? A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb…
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Investors, anxious about missing out on the AV party, are jumping into sectors like off-road defense, trucking, forklifts, mining, and construction
80% confidenceWhen asked if $16 billion is enough for Waymo, the answer kept landing in the squishy 'sort of' and 'it depends' territory
80% confidenceDavid Stern was a close business partner of Jeffrey Epstein who brought him investment opportunities from around the world
80% confidenceWaymo lacks the in-house manufacturing that Tesla has
80% confidenceWaymo's ridership and autonomous miles driven stats are exploding and will likely continue in that trajectory unless derailed by regulators
80% confidenceAlphabet is clearly committed to ensuring Waymo's success
80% confidenceDavid Stern pitched Jeffrey Epstein on investing in Faraday Future, Lucid Motors, and Canoo during the go-go days of mobility funding
80% confidenceThere is chatter that Europe could soon follow China in banning concealed door handles
80% confidenceWaymo still must solve several problems, including cost and increasing attention from regulators
80% confidenceThe verdict affirms that Uber acted responsibly and has invested meaningfully in rider safety, and will continue to put safety at the heart of everything we do
80% confidenceUber would invest capital in its AV software partners, work with AV makers by investing equity or via offtake agreements, and support AV infrastructure partners
80% confidenceMoney is flowing into physical AI startups and I expect more deal flow, especially for startups focused on practical applications of automated driving systems
80% confidenceWaymo's acceleration over the past 18 months is undeniable
80% confidenceUber plans to appeal the decision in the rape case lawsuit
80% confidence