Robotaxi Companies Win — Can Operate 24/7 In San Francisco

“It’s a big win for autonomous vehicle operators, who have spent tens of billions on the technology with very little return,” The Verge writes. Indeed — while it may seem like robotaxi companies are being granted the right to print money and make a fortune, let’s remember that they are billions of dollars in the hole on this adventure, and it’s unclear if they’ll ever actually make a return on investment. The argument of many critics (and especially Tesla Full Self Driving fans) is that the systems Cruise and Waymo use can’t scale profitably. We’ll see. At the very least, they’ve now won the right in one big exploratory market to operate 24/7.