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Waymo's robotaxi expansion accelerates with 3 new cities

1. Waymo launches robotaxi service in Detroit, Las Vegas, and San Diego. 2. Waymo aims for 1 million trips per week by end of 2026. 3. Expansion driven by proven self-driving technology and established market presence. 4. Competition includes Zoox and Tesla with similar robotaxi offerings. 5. Cities are supportive, viewing Waymo as a safe transit alternative.

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FAQ

Why Bullish?

Waymo's expansion indicates growth potential, reminiscent of its previous successes in new markets.

How important is it?

Waymo's expansion is crucial for GOOG, hinting at future revenue opportunities and securing market leadership.

Why Long Term?

Sustained growth in autonomous rides requires time to build user adoption and market presence.

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