Is Waymo Worth Way More Than $45 Billion In Midst Of Tesla Robotaxi Launch? - CleanTechnica

The article from CleanTechnica discusses whether Waymo’s valuation of $45 billion is significantly undervalued in light of Tesla’s recent robotaxi trial launch in Austin, Texas. Tesla’s robotaxi service is currently limited in scale and imperfect, raising questions about the sustainability of Tesla’s $1 trillion market capitalization, which heavily factors in autonomous driving technology. The article explores multiple scenarios: if Tesla’s robotaxi capability remains suboptimal and Waymo successfully scales and turns a profit, Waymo’s valuation could be too low. However, Waymo has yet to publicly demonstrate a clear path to massive profitability, which is crucial for justifying a higher valuation. Alternatively, if Tesla rapidly improves its robotaxi technology and expands to more markets, both companies could scale significantly, but profitability remains uncertain for the robotaxi business overall. The article also notes skepticism about Tesla dominating the market due to software limitations and potential customer hesitancy tied to Elon Musk’s reputation. While Tesla’s market cap may be inflated and