Is Baidu the next robotaxi move?Move over, Silicon Valley! China's Baidu is quietly making waves in the robotaxi scene, and they might be the dark horse you haven't heard about yet.
Check This Out:
Robotaxis on the Streets: Baidu's Apollo Go robotaxis are already picking up passengers in Wuhan, China, with over 6,000 driverless rides per day! 🤯
Making Money Moves: Baidu expects to start turning a profit with their robotaxi service by the end of the year. That's impressive for a relatively new technology.
Dropping Costs: They're getting more efficient with their operations, so costs are expected to drop even further, making their robotaxis even more competitive.
Wall Street's Whispering: Baidu's stock has been climbing lately, a sign that investors are starting to see the potential of this Chinese tech giant.
The Bottom Line:
Baidu might not be as flashy as Waymo or Tesla, but they're quietly making major strides in the robotaxi world. Their stock is looking pretty tempting right now, especially with all this potential for growth. If you're looking for a robotaxi stock to watch, Baidu might just be your hidden gem.
