00:00It's Benzinga, bringing Wall Street to Main Street
00:02Alphabet's Waymo remains ahead of Tesla in the U.S. robo-taxi market,
00:07according to Arthur D. Little partner Frank McCleary.
00:10McCleary told Benzinga that Waymo has established a pattern
00:13of testing and deploying driverless vehicles across multiple cities,
00:17while Tesla remains at a Level 2 Plus system.
00:20He said regulators may question Tesla's current capabilities
00:23and noted that the company has experienced mixed execution across products.
00:28McCleary said Uber and Lyft could shape the robo-taxi market
00:32because of their large user bases and market reach.
00:34He described Uber as a likely orchestrator of robo-taxes
00:38and said fleet size remains a major challenge for operators trying to scale.
00:44McCleary said Chinese automakers will eventually enter the U.S. market
00:47and pressure domestic OEMs if their products are not competitive.
00:51For all things money, visit Benzinga.com.
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