7 Driverless Vehicle Stocks Poised for Long-Term Growth
The autonomous vehicle sector is projected to reach trillion-dollar valuations by 2030, fueled by breakthroughs in AI navigation systems and regulatory tailwinds. Alphabet's Waymo leads the pack with commercial robotaxi deployments, while legacy automakers and tech giants jockey for position in this capital-intensive race.
Investors face a paradox: while the addressable market dwarfs today's ride-hailing industry, profitability horizons remain distant. The sector's evolution mirrors cryptocurrency's early days—speculative capital chasing infrastructure plays with binary outcomes. Unlike crypto's decentralized ethos, however, autonomous mobility requires centralized R&D budgets exceeding $20B annually.