Waymo Raises Another Red Flag for Tesla. Should You Sell TSLA Stock in February 2026?

In February 2026, the competitive landscape of autonomous vehicles and robotaxi services is shifting in a way that could materially impact Tesla (TSLA). Alphabet's (GOOG) (GOOGL) Waymo is a self-driving pioneer, has just completed one of the largest funding rounds in autonomous vehicle history, raising $16 billion and achieving a valuation of roughly $126 billion, nearly three times its valuation just 16 months earlier. This fresh capital will accelerate its expansion into more than 20 new cities, backed by a roster of top institutional investors and Alphabet as the majority stakeholder.

The monumental round underscores strong investor conviction in Waymo’s technology, commercial traction, and leadership in robotaxi deployment, with the company already delivering hundreds of thousands of weekly rides across several major areas.