The Alphabet Inc. unit, which operates its commercial ride service in three major cities and is adding a fourth, is starting to generate significant revenue. But safety concerns persist.very week, hundreds of Phoenix, San Francisco and Los Angeles residents find a cheerful message in their email inboxes: “Buckle up! You’re ready to ride. Welcome to Waymo One. Get ready for your first fully autonomous ride.
Still, the company has more work to do. “We've seen some recent incidents – for example, a utility pole crash – and an investigation from NHTSA. I hope those aren’t signs they’ve started scaling up faster than they should due to funding pressure,” Koopman said. “Safety still remains the biggest question.”A decade ago, expectations for autonomous vehicles were running high.
“We do not expect material revenue generation likely for years to come” from Tesla robotaxis, Ryan Brinkman, an equity analyst at JPMorgan, said in a research note last week.