Amazon's Zoox Is Building Momentum -- but Not a Business (Yet)
Amazon's (AMZN 3.89%) autonomous vehicle company, Zoox, recently announced a major expansion, with plans to launch its robotaxi service in Austin and Miami later this year. The company is also quadrupling its San Francisco service area and expanding further into Las Vegas.Zoox is clearly a company on the move. The problem is that it doesn't make a dime from its services just yet. Zoox is gaining momentumThe Austin and Miami launches follow a familiar playbook for Zoox: offer rides to employees and their fam ...