Tesla robo-taxi business worth 10% of Waymo: Morgan Stanley
Investment firm Morgan Stanley has valued Tesla's robo-taxi business Tesla Mobility at $17.7 billion, which is about 10% of what Waymo is worth. The valuation is lower than what the firm said the service was worth in 2015. Morgan Stanley said the lower valuation of Tesla's ride-sharing potential was partly reflective of its apparent lack of progress compared to peers. n