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Autonomous vehicles

Autonomous vehicles are deploying commercially in constrained geographies but remain 5+ years from general availability; the liability and insurance frameworks needed for scale deployment do not yet exist.

medium conviction established growth

Research snapshot · updated Apr 22, 2026

Core thesis

Waymo leads by every objective measure, running roughly 500,000 paid rides a week across about ten US cities and targeting one million weekly by year-end. Tesla FSD is cheaper and improving fast but remains supervised; its unsupervised Austin Robotaxi is still a ~20-vehicle demonstration. The constraint is no longer perception – it is unit economics, liability and insurance pricing. Who pays when an AV causes harm, and at what cost, still has no settled framework, so profitable deployment stays geofenced to approved cities.

State of the art (2026)

By mid-2026 the robotaxi question is settled in Waymo's favour: it runs roughly 500,000 paid rides a week across ten US cities (Phoenix, San Francisco, Los Angeles plus the Sun Belt expansion to Austin, Atlanta, Miami, Dallas, Houston and others), with Tokyo and London groundwork laid and a stated target of one million weekly rides by year-end. Tesla's unsupervised Robotaxi went live in Austin in January 2026 and now blankets the metro plus Houston and Dallas, but at a fleet of only around 20-25 vehicles it is a demonstration, not yet a business. The decisive 2025-26 shift is freight: Aurora began commercial driverless heavy-truck runs in Texas in May 2025 and crossed 100,000 driverless miles, with hundreds of trucks promised in 2026. The constraint is no longer perception - it is unit economics, liability and insurance pricing.

Explore the deeper analysis in CanaryIQ

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Signal stack

Evidence stacked leading → lagging

10 signals
talent
research
patent
expert
operational
regulatory
market

Technology-native KPIs

Metrics that predict trajectory, tracked over time

3 tracked
Robotaxi commercial cities of operation
Autonomous vehicle disengagement rate (CA DMV)
Waymo weekly paid ride volume

Landscape map

Who builds what — and who depends on whom

165 players · 7 layers

Catalyst calendar

Dated events that will move the position

3 ahead

Technology roadmap

Milestones on the path to maturity

8 milestones

Watchlists

Companies, people and papers — each with a remove-by condition

20 · 20
Companies · 20
People · 20

Decision frameworks

The same call, framed for your desk

Locked
PE / VC
Corporate Leader

Thesis changelog

When our view changed, and why

5 updates

Change our mind

3 disconfirming conditions

You've read the verdict. The file is much deeper.

The full signal stack, technology-native KPIs tracked over time, the landscape of who depends on whom, the dated catalyst calendar, decision frameworks for every desk, live watchlists and the changelog of every time our call on Autonomous vehicles has changed — all live inside CanaryIQ.