Waymo’s Wreck Crashes Its Driverless Car Lead

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By Douglas A. McIntyre Published

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  • Waymo cars trapped passengers in intersections for up to 3 hours during a July 4th fireworks event, exposing critical flaws in its autonomous systems.

  • Waymo leads Tesla (TSLA) and all non-Chinese rivals in driverless vehicles, but recalls and random stops are eroding the regulatory confidence needed to scale.

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Waymo’s Wreck Crashes Its Driverless Car Lead

© JasonDoiy / iStock Unreleased via Getty Images

Based on key yardsticks, Waymo, the driverless car division of Google, has a large lead in the sector. It is being tested in 15 markets. It is considered ahead of Tesla’s (NASDAQ: TSLA | TSLA Price Prediction) Robotaxi on this basis alone. Furthermore, several legacy car companies have been trying to catch up, but they are miles behind. There may be one or two companies in China that can match some of its features. However, a recent series of accidents, which were spread across the front pages, shows that Waymo is not much more than a sophisticated toy.

The New York Times published a lengthy report about a series of incidents in San Francisco, the world’s tech capital. On July 4, a fireworks display near the Golden Gate Bridge snarled traffic. The list of accidents and incidents is long.

During the event, Waymo cars were caught in intersections. Some drivers were stuck behind Waymo vehicles for as much as three hours. A firework went off under one of its cars. A passenger said it smelled as if the car were on fire and walked the rest of the way to a hotel. Philip Koopman, a Carnegie Mellon University emeritus professor who specializes in autonomous vehicles, commented to The New York Times, “This technology struggles to know when it’s in a novel situation. And when it’s in a novel situation, it’s prone to overconfidence and spectacularly stupid failure.” The paper then wondered if Waymo was not much more than a “sophisticated toy.”

The stories about Waymo problems include recalls and cars that stop without warning.

Waymo has more driverless cars on the road than any company outside China. But the test of these companies is currently whether they are safe. This is not just a question for possible riders and owners. It is a test given by the authorities that approve their use. A loss of confidence is a large erosion of the opinion regarding whether they get on the road in any significant numbers.

The only advance Waymo has had recently is a number of steps backward.

Contact [email protected] for any questions or corrections.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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