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Tesla releases detailed safety report after Waymo co-CEO called for more data

1. Tesla released new safety data for its Full Self-Driving software. 2. FSD drivers average 5 million miles before major collisions, lower than NHTSA data. 3. Waymo's vehicles are claimed to be significantly safer than Tesla's offerings. 4. Calls for greater transparency in safety data from industry leaders like Waymo. 5. Tesla's reports have faced criticism for previously being insufficiently detailed.

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FAQ

Why Bearish?

Tesla's performance raises questions about the safety of auto-driving features, potentially impacting GOOG's Waymo negatively. Historical examples show safety concerns can affect stock valuations.

How important is it?

The article addresses competition in autonomous driving, impacting investor perceptions of both Tesla and Waymo, influencing GOOG.

Why Short Term?

Immediate scrutiny from safety data may create short-term volatility. Long-term trends will depend on regulatory responses and industry shifts.

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