Waymo and Uber Expand Partnership, Intensifying Competition with Tesla and Alphabet Inc. (GOOGL)

Sep 13, 2024, 11:47 PM

Waymo and Uber have expanded their partnership to enhance the development of autonomous vehicle technology. This collaboration is seen as a significant move in the autonomous vehicle industry, where Waymo, a subsidiary of Alphabet Inc. (GOOGL), continues to lead. The partnership is expected to intensify the competition with Tesla, which is also vying for dominance in the driverless tech space. Analysts are debating whether this tie-up is bullish for Tesla (TSLA).