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Alphabet CDR (CAD Hedged)
Symbol GOOG
Shares Issued 28,700,000
Close 2025-12-24 C$ 51.12
Market Cap C$ 1,467,144,000
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Globe/NYT say Alphabet well ahead of Tesla in taxis

2025-12-29 05:26 ET - In the News

Also In the News (C-TSLA) Tesla CDR (CAD Hedged)

The Globe and Mail reports in its Friday edition that Tesla's share price hit a record this month in part because many investors believe promises the carmaker is poised to dominate the emerging market for driverless taxis worth trillions of dollars. A New York Times dispatch to The Globe says, however, a visit to Austin, Tex., where Tesla is operating a small fleet of autonomous cars, quickly makes clear that the company has a lot of catching up to do. Tesla has fielded about 30 of its Robotaxis here since it started its service in June. By contrast, Waymo, a division of Alphabet, began its service in Austin in March and said it had about 200 vehicles on the road. That company offers paying rides in four other cities and has more than 2,500 vehicles in total. This month at least one Tesla was spotted in Austin driving without anyone inside, but each of the Tesla cars that carry paying passengers has a person in the car monitoring it. All the Waymos ferrying passengers in Austin operate without human monitors. The difference between Tesla and Waymo is not surprising. Google began a self-driving car project in 2009. That project would became Waymo and start its first commercial taxi service in 2018 in Phoenix.

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