Tesla Talks Big, While Alphabet And Baidu Surge Ahead In Robotaxi Race

Benzinga
2025.05.27 13:17
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Elon Musk has promised Tesla will launch a robotaxi fleet in Austin by June, but competitors Waymo and Baidu are leading the race. Waymo has achieved 10 million paid rides and operates in multiple cities, while Baidu's Apollo Go has logged 11 million rides and is expanding internationally. Tesla's initial rollout will be limited to 10 vehicles, and despite hopes for quick scaling, the technology still requires human oversight. Investors may want to focus on Waymo and Baidu, who are already making significant progress in the robotaxi market.