1. Waymo targets over a million robotaxi rides weekly by 2026. 2. Plans expansion into 20+ new U.S. and international cities. 3. Expected annualized revenue could reach $1 billion from ride services. 4. Safety incidents could affect Waymo's reputation and scalability. 5. Waymo faces competition from GM's Cruise and Tesla amid scrutiny.
FAQ
Why Bullish?
Waymo’s expansion demonstrates growth potential, similar to successful tech IPOs.
How important is it?
Waymo's anticipated growth and revenue milestones directly benefit Alphabet's valuation and market perception.
Why Long Term?
Gradual expansion and revenue growth suggest future profitability, often realized post-IPO.