Should Tesla Robotaxi Bulls Fear NVIDIA and Waymo?

With the big robotaxi boom underway, it’s not hard to imagine that Tesla (NASDAQ:TSLA) shareholders are more than willing to pay up a premium price tag to get into the driver’s seat of a company that may very well become one of the leaders in the emerging, lucrative market.

Undoubtedly, there could be fierce competition in the field of autonomous vehicles (AV), but the frontrunners in full self-driving (FSD) may very well be able to build economic moats around their businesses if they’re able to capture a lion’s share of the market earlier on.

Undoubtedly, the Tesla ride-hailing app may very well dethrone the ride-hailing leaders, ultimately disrupting their moats and causing a massive flow of users. from the likes of an Uber (NYSE:UBER). But with Uber teaming up with a wide range of other AV firms with robotaxi ambitions, it’s going to be an interesting race as the market evolves and a new slate of leaders emerges.

Nvidia’s deeper dive into robotaxis is certainly a concern

With Nvidia (NASDAQ:NVDA) recently announcing its intent to directly make a move into the robotaxi market, perhaps Tesla shareholders are a bit more anxious over how things are going to pan out. Perhaps having the technology and production isn’t all it takes to dominate a new market. In any case, it feels like Uber is the other side of the trade when it comes to robotaxis.

It’s the asset-light ride-hailing app that’s leveraging its data…