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Tesla TSLA has received an encouraging boost to its robotaxi ambitions, reportedly overtaking Alphabet's GOOGL Waymo in Texas in terms of registered autonomous vehicles. The development strengthens the case for autonomy as an increasingly important growth driver for Tesla. But before getting too excited, investors should remember that expanding a fleet is one thing and building a profitable robotaxi business is another. Tesla's Texas Fleet Growth Is Hard to Ignore According to Teslarati, Texas Department of Motor Vehicles records as of Nov. 10 show 1,302 vehicles registered under Tesla Robotaxi, LLC, narrowly ahead of Waymo's 1,297.
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