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…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
David Stern was a close business partner of Jeffrey Epstein who brought him investment opportunities from around the world
80% confidenceWaymo's ridership and autonomous miles driven stats are exploding and will likely continue in that trajectory unless derailed by regulators
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% 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% confidenceWhen asked if $16 billion is enough for Waymo, the answer kept landing in the squishy 'sort of' and 'it depends' territory
80% confidenceAlphabet is clearly committed to ensuring Waymo's success
80% confidenceWaymo lacks the in-house manufacturing that Tesla has
80% confidenceWaymo's acceleration over the past 18 months is undeniable
80% confidenceInvestors, anxious about missing out on the AV party, are jumping into sectors like off-road defense, trucking, forklifts, mining, and construction
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% 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% confidenceUber plans to appeal the decision in the rape case lawsuit
80% confidenceWaymo still must solve several problems, including cost and increasing attention from regulators
80% confidence