“Does Tesla or Alphabet Have the Winning Approach to Driverless Car Technology? | TSLA, GOOG”
Alphabet holds a cost-of-acquisition advantage via existing user base and trades at a lower valuation multiple than Tesla.
So, let's take a look at the details of this Waymo-Tesla dispute, and what it ultimately means for Alphabet and Tesla stock investors.
However, Waymo also announced three new markets on Tuesday, expanding its robotic taxi network serving customers in more than a dozen U.S. cities. So, Waymo is significantly ahead in terms of the number of vehicles it tests and the number of trips it provides compared to Tesla.