A new $16 billion Waymo cash infusion is a threat to Tesla's plans for supremacy in the self-driving car industry. The funding came from Alphabet and other investors.

Tesla is now reporting the paid robotaxi miles in the quarterly. It was about 200,000 miles in December. Tesla now has 500+ cars in Austin and SF Bay Area and

Waymo robotaxi is closing the gap on pricing and wait times next to Uber and Lyft — key metrics riders factor in when choosing a ride, a study found.

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) unit Waymo is reportedly seeking to raise approximately $16 billion in a new financing round, aiming for a valuation close to $110 billion. Alphabet To Participate According to a Reuters report citing Bloomberg,

Winter weather is expected to arrive in Austin on Friday, raising questions about how Waymo and Tesla's driverless robotaxis will operate through freezing conditions this weekend.