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Waymo has set its robotaxi sights on NYC

1. Waymo seeks permit for autonomous vehicle testing in NYC. 2. New York laws complicate autonomous vehicle operations. 3. Waymo advocates for regulatory changes to deploy driverless cars. 4. The NYC market presents significant potential for Waymo's services. 5. Waymo successfully operates 250,000 autonomous trips weekly in other cities.

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FAQ

Why Bullish?

Waymo's progress in NYC could enhance its market position, similar to previous expansions in other cities.

How important is it?

Waymo's advancements in autonomous vehicle testing are crucial for future growth and profitability, impacting GOOG significantly.

Why Long Term?

The regulatory process may take time, but successful implementation will significantly benefit Waymo's business model.

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