While self-driving cars might have seemed like high-concept sci-fi a decade ago, we now have robotaxis from different companies running on our roads. Even though none of them have achieved full autonomy – also known as L4 – the technology has made great strides over the years.
Tesla’s (TSLA) CEO Elon Musk believes his company’s mammoth valuation - which is currently a tad short of $800 billion, and peaked at $1.2 trillion in 2021 - is linked to its autonomous driving segment. But the autonomous driving ecosystem is quite wide, and includes chipmakers who supply high-end chips that enable autonomous driving, lidar makers, automakers who are working on autonomous driving, ride-hailing companies looking to add robotaxis to their fleets, and pure-play self-driving companies.
