U.S. Internet_ Charts Worth a Look - The 'Robotaxi Stack'

Summary of the U.S. Internet Research Call Industry Overview - The U.S. autonomous vehicle market, specifically the "robotaxi" segment, is expected to gain significant traction in 2025 with major players like Waymo and Tesla expanding operations across 10+ cities in the U.S. [2][3] Key Companies Mentioned - Waymo (owned by Alphabet Inc. - GOOGL): - Increased monthly trips in California to over 500,000 as of November 2024, with a 5x increase from April 2024 [4][9]. - Operates a "full stack" model in San Francisco and Los Angeles, managing all aspects of the trip without partners [3][5]. - Transitioning operations in Phoenix to Moove, a company backed by Uber, for ground operations in 2025 [7]. - Tesla: - Plans to launch a full-stack robotaxi service in Austin in summer 2025 and potentially in California [3][5]. - Uber: - Involved in partnerships with Waymo in Atlanta and Austin, where consumers can request rides exclusively through the Uber app [7]. - Discussed challenges in managing utilization of robotaxi fleets during peak and off-peak times [4]. - Lyft: - Engaged in similar partnership models, particularly in Atlanta with May Mobility [7]. Core Insights - The debate surrounding potential disruptions from autonomous vehicle deployments is significant within the ride-hail industry, impacting traditional vehicle ownership concepts [2]. - The unit economics of various partnerships and business models in the robotaxi space remain unclear, with ongoing trials in multiple cities [2][3]. - The trajectory of Waymo's trip data suggests potential challenges for Uber and Lyft, particularly in terms of fleet utilization and profitability as the market matures [4]. Additional Insights - The report highlights the emergence of different business models being tested in 2025, showcasing a variety of operational strategies across cities [8]. - The data indicates that Waymo's monthly trips in California have increased nearly threefold since June 2024, raising concerns for competitors [4][9]. - The report emphasizes the importance of understanding the evolving landscape of partnerships and technology stacks in the autonomous vehicle sector [2][3]. Conclusion - The U.S. Internet sector, particularly the autonomous vehicle segment, is poised for significant changes in 2025, with major implications for companies like Waymo, Tesla, Uber, and Lyft. Investors should closely monitor the developments in partnerships, technology integration, and market dynamics as these factors will influence future profitability and market share.