Waymo

By the numbers: How often self-driving cars disengage

This week, California's Department of Motor Vehicles released the latest data from companies testing AVs in the state, including the total number of self-driving miles logged and how often human backup drivers had to take control of the wheel.

Reproduced from the California DMV via The Drive; Chart: Axios Visuals

Wall Street is split on self-driving cars

Illustration of half full gas gauge with AV symbol
Illustration: Rebecca Zisser/Axios

There's a growing realization on Wall Street that self-driving cars are still many years away. That pessimism is weighing far more heavily on traditional automakers than technology companies.

The big picture: Investors are betting the real value of AV companies will come from the estimated 4 terabytes of data each car will generate per day. And based on the way they’re valuing the major AV players, Wall Street seems to think tech companies have a better shot than Detroit at capitalizing on that data.

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