Robotaxi Pricing Tightens as Waymo Narrows Gap with Uber
TL;DR Summary
Obi data shows Waymo has cut prices in the San Francisco Bay Area, narrowing the average ride cost gap with Uber and Lyft (Waymo about $19.69 vs Uber $17.47 and Lyft $15.47). The shift suggests the novelty premium for robotaxis is fading, though Waymo still has longer wait times (~5.7 min) than Uber and Lyft. Tesla remains a wildcard with lower prices but limited driverless service and long waits. Analysts still favor Uber for upside among robotaxi stocks.
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- Waymo is starting to hit a key metric Tesla Robotaxi has yet to hit to become a dependable ride-hailing competitor Business Insider
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