Tesla (TSLA) Stock; Slips as Robotaxi Mileage Trails Waymo by 10.5 Times
TLDRs;
- Tesla shares slipped as investors focused on the company’s widening Robotaxi mileage gap with Waymo.
- Waymo records roughly 4 million rider-only miles weekly, compared with Tesla’s 380,000 cumulative unsupervised miles.
- Tesla’s Cybercab rollout could provide a crucial test of autonomous driving performance and commercial scalability.
- Heavy capital spending means investors increasingly need evidence that Tesla’s Robotaxi investments can generate stronger returns.
Tesla (TSLA) shares came under pressure Tuesday as investors weighed the company’s expanding Robotaxi ambitions against a significant gap in autonomous driving activity compared with Alphabet’s Waymo. The stock fell 0.72% to $336.87, even as reports pointed to a possible August rollout of Tesla’s Cybercab service in Austin.
The latest figures highlight the challenge facing Tesla as it attempts to turn its autonomous-driving strategy into a meaningful commercial business. Tesla has accumulated roughly 380,000 paid miles completed without human supervision, while Waymo has been recording approximately 4 million rider-only miles each week. On that measure, Waymo’s weekly mileage is about 10.5 times Tesla’s cumulative unsupervised total.
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