3min chapter

Equity cover image

It's always earnings season if you look hard enough

Equity

CHAPTER

Waymo's Move to Ride Hauling

The company has decided to, I'm not going to say shutter itself driving trucks program because there is minor activity still going to be happening. But essentially what they're doing is shifting all their capital resources and talent, including from departments focused on self driving trucks into right hailing. And this is interesting for a number of reasons. It wasn't that long ago, maybe right in the middle of COVID when many AV developers suddenly pivoted to logistics and delivery because that was the business model.

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