Hyperdrive

Tesla’s Planned Self-Driving Service Is Behind the Curve

Elon Musk has work to do to catch up with Waymo, which is having scaling issues of its own.

A Waymo autonomous taxi driving along a Los Angeles street in March 2024.

Photographer: Mario Tama/Getty Images

Lock
This article is for subscribers only.

Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.

Tesla’s Elon Musk just touted plans to start offering a paid self-driving vehicle service in Austin this June, whetting investor appetite for a next big thing for the company in the face of stalling EV sales.