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New York Post
116 days

Google's Waymo self-driving robotaxis could be put on sale for people looking to own the vehicle

1. Waymo could offer self-driving robotaxis for personal ownership in the future. 2. Currently, 700 vehicles operate in major US cities, conducting 250,000 rides weekly. 3. Waymo partners with Uber and major automakers, not manufacturing its own vehicles. 4. Rival Tesla to pilot its robotaxi program soon, focusing on lower costs. 5. Market competition is growing with Tesla's ambitions and Waymo's expansion plans.

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FAQ

Why Bullish?

Waymo's expansion and potential personal ownership may increase consumer interest and revenue streams for GOOG. Historical examples show that innovation in self-driving technology can lead to stock price appreciation, as seen with Tesla.

How important is it?

The news reflects significant advancements in Waymo's offerings and potential market changes. The introduction of personal ownership could transform revenue models and enhance GOOG's position in the autonomous vehicle market.

Why Long Term?

As Waymo advances and potentially offers personal ownership, market adoption could take years. Long-term trends in self-driving technology adoption suggest gradual revenue growth for GOOG.

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