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Robotaxis are already here.
Tesla (TSLA -1.11%) has been talking about robotaxis for nearly a decade, but none have hit the road. Meanwhile, General Motors (GM 0.48%) has hundreds of robotaxis operating commercial services in the U.S. with rapid expansion plans. Travis Hoium highlights why that's a stock you may want to look at in robotaxis.
*Stock prices used were end-of-day prices of June 16, 2023. The video was published on June 19, 2023.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and General Motors. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Tesla, and Uber Technologies. The Motley Fool recommends General Motors and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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