Waymo said it is launching fully driverless robotaxi rides for employees in Atlanta, an important step before the company opens the service up to members

A more favorable federal regulatory and legislative environment may help propel the growth of driverless ride-hailing vehicles in the United States.

Elon Musk doesn’t want to be known as the “boy who cried FSD” anymore, a moniker he gave himself for his many years of repeated promises related to autonomous driving. Now, he claims that Tesla’s (TSLA) technology is better than ever and will be used for rideshare services as soon as June.

Brooks said the Center for Auto Safety does not anticipate Musk being able to launch his robotaxi this year, saying other self-driving robotaxi makers like Waymo are way ahead of Tesla’s technology and have additional sensors to support the vehicles.

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Waymo plans to start testing autonomous vehicles in 10 new cities this year, starting with Las Vegas and San Diego, according to The Verge. However, this

Tesla’s weak revenue growth and high P/E ratio signal overvaluation. See why TSLA stock is facing pressure amid competition and stagnant vehicle sales.

Plus, Toyota remains the world's top-selling automaker despite a sales dip, and Waymo may soon come to a city near you.

Tesla shares rose about 3% before the bell on Thursday as plans to roll out cheaper electric vehicles and paid autonomous car services by the automaker that missed Wall expectations for fourth quarter lifted investor sentiment.

Omnitron Sensors, which makes MEMS sensor chips, has raised $13 million to create inexpensive sensors for self-driving cars.

Waymo, Alphabet’s self-driving unit, is planning to expand the testing of its autonomous driving technology this year to ten new cities.