Waymo aims to overcome the challenges of providing its own vehicles and high operating costs despite leading in paid rides, currently at over 100,000 weekly.
John Krafcik noted that the autonomous driving industry is essentially dominated by Waymo, highlighting the company's unique position as competitors struggle.
Despite its growth in customer rides, Waymo faces significant operating losses, with an estimated $2 billion loss attributed partly to the robotaxi service.
Waymo's expenses are exacerbated by the high costs of its self-driving vehicles, with each Jaguar costing around $100,000, complicating profitability.
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