TECH - Tesla 'Won't Be Granted Robotaxi Licenses To Offer Rides' If It Isn't Able To Match Google's Self Driving Company Says Gary Black: 'Waymo Is The Standard' | Benzinga
Alphabet Inc.‘s (NASDAQ:GOOG), (NASDAQ:GOOGL) subsidiary Waymo has set the standard for Tesla Inc. (NASDAQ:TSLA) to gain approval for its robotaxi service, according to a leading Tesla bull.
What Happened: Gary Black, the Managing Partner at Future Fund, took to X to share his thoughts on the approval criteria for Tesla’s robotaxi service.
Black emphasized that Waymo has obtained approval to offer robotaxi rides for a fee in multiple cities. He argues that for Tesla to obtain similar approval, it must demonstrate efficacy—specifically, achieving 1 intervention per 17,000 miles—as good as Waymo’s and be willing to assume liability for any damage or injury. “If not, TSLA won't be granted robotaxi licenses to offer rides,” Black stated.
Black referenced a post by James Cat, known for Tesla commentary, who expressed skepticism about Tesla’s Full Self-Driving technology. Cat highlighted that Waymo had an intervention rate of 1 per 17,000 miles in 2023, while Tesla’s FSD currently requires a safety-critical ...