Waymo Opens Robotaxi Service to Public in Las Vegas

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Waymo has begun opening its robotaxi service to the public in Las Vegas, just weeks after receiving final approval from Nevada transportation regulators. The Alphabet-owned company said Monday it will invite public riders on a rolling basis, following a playbook it has used in 14 other cities, starting with dozens of its new Ojai minivan robotaxis serving an area that includes the Strip south of Highway 589 and into Boulder Junction. Las Vegas is Waymo's 15th market, and competitors Tesla, Zoox, and Motional are also planning to launch commercial robotaxi services there. Under approvals from the Nevada Transportation Authority to operate in Clark County, Waymo is authorized to operate up to 1,000 autonomous vehicles over the next year, Tesla up to 5,000, and Uber up to 1,000 robotaxis through partnerships with Hyundai subsidiary Motional and Zoox, permits that together would deploy up to 8,000 robotaxis across the county over the next 12 months. Waymo currently has a fleet of more than 4,000 robotaxis spread across more than a dozen cities, and Tesla's Cybercab chief engineer Eric Early told state regulators in August that he didn't think the company would be extremely happy and satisfied if it could get up to 2,500, maybe a bit higher, in the next year.

Impact on stocks 4

Robotics & Physical AI▲ · 4 stocks
Alphabet Inc Class C
GOOG
▲ PositiveRegulationrelevance

Waymo, owned by Alphabet, received Nevada regulatory approval and opened its robotaxi service to the public in Las Vegas, its 15th market.

Tesla Inc
TSLA
± MixedCompetitionrelevance

Tesla is named as a competitor planning robotaxi launches in Las Vegas and is authorized for up to 5,000 vehicles, but no new Tesla-specific development is reported.

Theme Impact 2

Off-coverage companies 1

MotionalPrivate± Mixed
relevance

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