Benzinga·2025-06-20 21:27Core Insights - Waymo has applied for a permit to test its self-driving vehicles in New York City, marking its entry into the largest city in the U.S. [1] - The application is aimed at operating autonomous vehicles in Manhattan with a human safety driver present [1]. Regulatory Environment - New York has strict regulations for autonomous vehicles, requiring a human operator, a $5 million insurance policy, and comprehensive training for test vehicle operators [2][3]. - Even if Waymo secures the permit, it will face significant challenges before launching commercial services or conducting driverless tests [2]. Competitive Landscape - Waymo's move coincides with Tesla's preparations for its robotaxi launch in Austin, Texas, scheduled for June 22 [4]. - Tesla is inviting influencers and long-time supporters to access autonomous rides through a new Robotaxi app, utilizing Model Y SUVs equipped with Full Self-Driving software [4][5]. - Tesla's CEO has emphasized the company's high safety standards for the robotaxi pilot and expressed optimism about rapid scaling if the Austin pilot is successful [5].