Last week, Tesla Inc. (TSLA) officially launched its first live Robotaxi pilot using a fleet of modified Model Ys, priced at $4.20 a ride. These vehicles come with no pedals, no steering wheel, and zero drivers behind the wheel. Just a safety monitor in the passenger seat… for now.
The race to dominate the self-driving economy has been brewing for years. But make no mistake: This is the beginning of what I believe is the most important transportation shift since the invention of the internal combustion engine.
The Robotaxi Wars have officially begun. So, today, I’ll show you who’s already in the fight, why this technology could upend entire industries, and how investors can position themselves on the right side of this seismic shift.
This post originally appeared at InvestorPlace.