With the global robotaxi industry projected to hit $105 billion by 2035, here's what potential investors need to know

Core Insights - The robotaxi market is expected to grow significantly, with Tesla projecting a market capitalization of $3 trillion by the end of 2026, while Waymo aims for 1 million fully autonomous rides weekly within the same timeframe [1][2] Industry Overview - The global robotaxi fleet is projected to reach 934,000 vehicles by 2035, with a market value of approximately $105 billion, highlighting North America's leadership in technology innovation and regulatory support, contrasted with China's rapid scaling and government-backed infrastructure [2][3] Regulatory Environment - Regulatory challenges in the U.S. include a complex mix of federal, state, and local laws, along with ongoing safety investigations, which could impact growth and consumer acceptance of robotaxis [3] Company Developments - Tesla has initiated its robotaxi service in the San Francisco Bay Area and Austin, Texas, with plans to produce a two-seater Cybercab by April, potentially offering rides at $0.40 per mile [4][5] - Waymo is currently leading in the market, operating driverless robotaxis in multiple cities and planning to expand into 26 additional markets by 2026 [5] - Zoox has received regulatory exemptions for its unique robotaxi design and is providing free driverless rides in San Francisco and Las Vegas [6]