Tesla Hasn’t Even Applied For Permits Musk’s Robotaxis Need
Contrary to what one might think reading X, Tesla remains way behind Waymo.
A Waymo autonomous taxi, right, and a vehicle Tesla is using for robotaxi testing in Austin.
Photographer: Eli Hartman/BloombergThis article is for subscribers only.
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Tesla had quite a Thursday: Its shares jumped 4.7%, tacking roughly $45 billion onto its market capitalization. Put another way, the carmaker added roughly the recent valuation of Waymo to what its stock is worth in a single session.