Waymo has been granted a permit to test its autonomous vehicles in New York City, the first such approval granted by the city. The company told TechCrunch it plans to start testing “immediately.” The company is allowed to deploy up to eight of its Jaguar I-Pace SUVs in Manhattan and Downtown Brooklyn through late September. Waymo’s vehicles must have a trained safety operator in the driver’s seat, with at least one hand on the wheel at all times. The company cannot pick up passengers (since it would need a ...

Autonomous Vehicle Strategy - Lyft is expecting a revenue increase by deploying autonomous vehicles in the U S and Europe [1] - The company aims to expand its robotaxi presence [1]

Core Viewpoint - Tesla's stock has shown volatility, with a recent increase of over 3.5%, indicating a potential bullish breakout amidst mixed sentiments from investors [1][2]. Group 1: Bullish Case - Tesla's recent earnings report was stronger than anticipated, with a less sharp revenue decline and a modest rebound in operating margins [3]. - CEO Elon Musk remains optimistic about the company's future, reaffirming timelines for new vehicle launches and advancements in autonomous technology [5]. - Analysts continue to support Tesla's long-term growth story, citing advantages in EV manufacturing and software-driven margins, with a potential surge in momentum buying if the stock breaks above resistance levels [7]. Group 2: Bearish Case - Tesla's operating income fell by 42% last quarter, and free cash flow dropped nearly 90%, raising concerns about the company's sustainability given its high valuation [9]. - A class-action lawsuit has been filed against Tesla, alleging the company concealed safety issues related to its autonomous vehicles, which could harm its reputation [10]. - In Germany, while new electric vehicle registrations increased by 58%, Tesla's registrations plummeted by over 50%, suggesting a decline in brand appeal amid intensifying competition [11]. Group 3: Current Market Position - Tesla is at a critical juncture, with both bullish technical indicators and bearish fundamental concerns creating a precarious situation [12]. - A decisive move above the $330 level could reestablish bullish momentum, while a breakdown below support could lead to a significant correction [13].

At Atlantic City International Airport, this new technology is taking off. Researchers here just wrapped an 8-week trial testing the ability of robots to rein in costs and ramp up efficiency of key airport tasks. Backed by the FAA, the airport autonomy initiative is a project involving tech companies and academic institutions with support from the defense department.The results are looking excellent. David Hickeyi is the CEO of Coast Autonomous, the company spearheading the project. How will this change the ...

Group 1 - Waymo has applied for a permit to test its autonomous vehicles in New York City with a human driver behind the wheel, marking a significant step in its plans to serve New Yorkers in the future [2][3] - The company is advocating for changes to state law to enable the launch of its fully autonomous ride-hailing service in New York City, as current regulations do not support commercially operated autonomous vehicles [2][5] - Waymo currently operates fully autonomous robotaxis in several cities including Los Angeles, Austin, Phoenix, and San Francisco, with plans to expand to Atlanta, Miami, and Washington in the coming years [4] Group 2 - The permit application will allow Waymo to operate its vehicles autonomously in New York City while collecting mapping data and evaluating its technology with a human driver present [3] - In January, Waymo announced plans to test its autonomous vehicles in 10 new cities by 2025, which will help the company understand how its vehicles adapt to various traffic patterns and environmental conditions [6]