Tesla 'Won't Be Granted Robotaxi Licenses To Offer Rides' If It Isn't Able To Match Google's Self Driving Company, Says Gary Black: 'Waymo Is The Standard'

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He argues that for Tesla to obtain similar approval, it must demonstrate efficacy—specifically, achieving 1 intervention per 17,000 miles—as good as Waymo’s and be willing to assume liability for any damage or injury.“If not, TSLA won't be granted robotaxi licenses to offer rides,” Black stated.

Alphabet Inc.‘s (NASDAQ:GOOG), (NASDAQ:GOOGL) subsidiary Waymo has set the standard for Tesla Inc.(NASDAQ:TSLA) to gain approval for its robotaxi service, according to a leading Tesla bull.

What Happened: Gary Black, the Managing Partner at Future Fund, took to X to share his thoughts on the approval criteria for Tesla’s robotaxi service.

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Category: Technology

Markets: United States

Topics: Benzinga Markets Waymo Kaustubh Bagalkote GOOGL TSLA Tech US88160R1014 Analyst Color Equities Robotaxi Gary Black US38259P7069 News US38259P5089 GOOG

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Article Type: News Report

Published On: 2024-07-12 @ 03:39:13 (2 weeks ago)

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News Source URL: benzinga.com

Language: English

Article Length: 425 words

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News ID: 21580694

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