--- title: "‘That’s The Bet’: Palmer Luckey Backs Elon Musk’s $150 Billion Robotaxi Ambitions as Tesla Tops Waymo in Texas" type: "News" locale: "en" url: "https://longbridge.com/en/news/305121144.md" description: "Palmer Luckey backed Tesla's $150B+ robotaxi opportunity as the company surpassed Waymo in Texas with 1,302 registered vehicles. Elon Musk confirmed winding down Cybertruck production to focus on the Cybercab, requiring deposit refunds. TSLA shares rose 1.65% to $386.04." datetime: "2026-11-11T06:19:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/305121144.md) - [en](https://longbridge.com/en/news/305121144.md) - [zh-HK](https://longbridge.com/zh-HK/news/305121144.md) generator: "portal-rs" --- # ‘That’s The Bet’: Palmer Luckey Backs Elon Musk’s $150 Billion Robotaxi Ambitions as Tesla Tops Waymo in Texas **Anduril** **Industries** co-founder **Palmer Luckey** has backed **Tesla Inc.**‘s (NASDAQ:TSLA) Robotaxi efforts as the company’s fleet surpassed **Alphabet Inc.**‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) **Waymo** in Texas. ## Tesla Has Over 1,300 Robotaxis in Texas In a post on X on Tuesday, influencer and Tesla investor **Sawyer Merritt** said the company’s Texas fleet totaled 1,302 vehicles, marking the first time it has surpassed Waymo’s. “Tesla just added another 20 Model Ys,” Merritt said. > Tesla has just officially surpassed Waymo in the total number of robotaxis registered to date in Texas for the first time. > > • Tesla: 1,302 > • Waymo: 1,297 > > Tesla just added another 20 Model Ys. pic.twitter.com/3XdLoPFea5 > > — Sawyer Merritt (@SawyerMerritt) November 10, 2026 According to the Robotaxi Tracker, Tesla has registered 1,302 Robotaxis in Texas. The company’s fleet of 681 unsupervised Robotaxis includes 411 Model Y units and 270 Cybercabs across Texas and parts of Florida, the tracker data showed at the time of writing this article. ## Luckey Flags Robotaxi Opportunity As Tesla recorded its Robotaxi surge, user **Carl Hancock** on X questioned the benefit of Robotaxis in the ride-hailing sector that has roughly 16 million drivers on the road. Luckey responded to the post with his take. “Take that ridesharing revenue ($150B+) and subtract the cost of paying 16,000,000 drivers. That is the bet,” Luckey said in his response. > Take that ridesharing revenue ($150B+) and subtract the cost of paying 16,000,000 drivers. That is the bet. > > — Palmer Luckey (@PalmerLuckey) November 10, 2026 **Read Also: Waymo Faces Fresh Federal Probe as Robotaxis Keep Blowing Past Stopped School Buses** ## Tesla Confirms Cybertruck Wind Down The emphasis on self-driving and Robotaxis was further solidified as **Elon Musk** confirmed that Tesla would be winding down production of the Cybertruck at the Gigafactory in Texas to shift focus to the Cybercab. Musk also said that Tesla will have to issue refunds for the Cybertruck’s deposits to several prospective owners following the sunset. The Cybertruck has been a polarizing figure in the automotive industry, with critics lamenting the pickup truck’s unconventional design. It has also failed to live up to Musk and Tesla’s sales and profitability targets since it was first introduced in 2019, with deliveries beginning in 2023. **Price Action:** TSLA shares were up 1.65% to $386.04 during the overnight trading session on Tuesday, according to Benzinga Pro data. **Read Also: Elon Musk Says Tesla's Cybertruck Backlog Is Too Big To Clear Before Production Ends — Orders Extra Shift** *Check out more of Benzinga’s Future of Mobility coverage by* *following this link*. *Photo courtesy: Shutterstock* ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [CRSH.US](https://longbridge.com/en/quote/CRSH.US.md) - [TESC.US](https://longbridge.com/en/quote/TESC.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [TEST.US](https://longbridge.com/en/quote/TEST.US.md) - [TLA.US](https://longbridge.com/en/quote/TLA.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSIB.US](https://longbridge.com/en/quote/TSIB.US.md) - [TSII.US](https://longbridge.com/en/quote/TSII.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [TSLI.US](https://longbridge.com/en/quote/TSLI.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLO.US](https://longbridge.com/en/quote/TSLO.US.md) - [TSLP.US](https://longbridge.com/en/quote/TSLP.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [TSLS.US](https://longbridge.com/en/quote/TSLS.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSLV.US](https://longbridge.com/en/quote/TSLV.US.md) - [TSLW.US](https://longbridge.com/en/quote/TSLW.US.md) - [TSLY.US](https://longbridge.com/en/quote/TSLY.US.md) - [TSLZ.US](https://longbridge.com/en/quote/TSLZ.US.md) - [TSW.US](https://longbridge.com/en/quote/TSW.US.md) - [TSYY.US](https://longbridge.com/en/quote/TSYY.US.md) - [TYYY.US](https://longbridge.com/en/quote/TYYY.US.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) ## Related News & Research - [US SEC seeks to close Musk, Tesla settlement fund](https://longbridge.com/en/news/305073867.md) - [Musk says Cybertruck isn’t dying from weak sales — the numbers disagree](https://longbridge.com/en/news/304862893.md) - [Tesla gets closer to 24-hour Robotaxi service with earlier start time](https://longbridge.com/en/news/304877726.md) - [Today’s Best Deals on Accessories and Essentials: Canada & US (November 9)](https://longbridge.com/en/news/304878389.md) - [Tesla upfitter offers to keep Cybertruck alive](https://longbridge.com/en/news/305086192.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**