00:00 Speaker a
Tesla’s Robotaxi tests obviously didn’t start as smoothly as the company touted. The Yal Finanz Awards submarine has a story here, the prize.
00:12 award
Yes, we just show that Hollywood did not go as planned last October. We see a lot of Tesla excited about the right robot. But there are some ic-playing, right? We saw some videos that were riding in some vehicles that exceeded the speed limit. Then, most shockingly, there is an incident where you see a car here, trying to turn left, and not really doing that, then go straight through the left turn lane, then go over the double yellow, and then go over the double yellow, as you see here, it’s also a traffic violation, which is actually the main action in Texas. So, Nizza said they are aware of these incidents and are monitoring them and they will take the necessary measures to protect the roads. So Nizza might be involved here. Meanwhile, Waymo entered Atlanta and, as they said, they formally worked with Uber as their platform partner to conduct their business. So, you know, Waymo’s testing with Uber and Tesla in Atlanta is in progress. Then they are also in Los Angeles, San Francisco, UM and so on.
00:58 Speaker a
Do you think, prizes, you hear something like this, in any way, can it slow down and undermine the service’s expansion nationwide?
01:10 award
What do you mean by these small ics here? Yes. Me, this brings some enthusiasm, but not ready for prime time, right? They have safety drivers, riders sitting in passenger seats, and you have remote controls who watch the car remotely. You know, many Tesla investors are excited about the fact that this test actually happened. But they still have a long way to go to catch up with Waymo, which has completed 250,000 completed Robotaxi Trip every week, and these events we’re seeing in Tesla now.
01:45 Speaker a
Well, now let’s introduce our ensemble to get more information on ride stocks. Tesla, with Google, Uber, Lyft, they are all focused on the focus. Julie, you know, I, Tesla did slip a little today, and their pop music was good yesterday. But, as the award is right, as Musk’s journey here begins, his competition is getting fierce, including Waymo.
02:07 Julie
Yes, I mean, if there are these slapsticks, I mean, as we all know, federal regulators leave it to states and municipalities, whether or not these things will even allow them to move forward. You see it moving forward on the basis of the city, right? So even if Tesla is still testing in Austin, if it keeps seeing, I mean, we call it ic, but, you know, you know, maybe it will be worse, right? So the question is, how does Tesla solve these problems? Then, the next question is, will this tell this when Tesla applies for the next approval in its next city? Will that cause friction that moves forward? Now, we always know if we are on Elon Musk’s timeline, you don’t necessarily expect things to happen like he thought they would. Well, but that’s just another thing to consider when we talk about this speed of market and then capture the speed of market share.
03:03 Speaker a
Chris, I want to bring you here too, like a guy on the panel who really has a portfolio to run here. How do you view this big battle? I got Tesla from Waymo and went to Amazon, Uber, Lyft.
03:16 Chris
Yes, it’s a crowded space. Uh, you know, this is an emerging market. Well, I, I think this will prove over time. I think the interesting way to play it from A is that the differentiation is, maybe we don’t have to focus on what Google is doing or what Tesla is doing, but what does that mean for Uber? What does this mean for Lyft when we consider removing the critical costs of critical costs, right? Once these investments are made, their incremental profit amount can drop to the bottom line. For me, it’s even more exciting.
