Comparisons Between Waymo and Tesla Miss How Strange the Robotaxi Race Is

Tesla’s valuation has been spectacular lately, closing at an all-time record of $489.88 earlier this month and still hovering pretty close to that astronomical figure as of this writing. Tesla bulls, notably Dan Ives of Wedbush capital, say this is because Tesla is on the verge of successfully deploying robotaxis, and that Tesla’s stock price could spike to $800 next year.

A New York Times report from Thursday reads like a valiant attempt to talk sanity into anyone who believes the…