Key Points Hedge fund billionaire Bill Ackman sold shares of Alphabet and took a substantial stake in Uber during the first quarter.Alphabet is gaining market share in cloud computing due to expertise in artificial intelligence (AI),

Tesla CEO Elon Musk may have the sense of humor of South Park 's Terrance and Phillip, but one has to acknowledge his consistency. After expanding the Robotaxi service area in Austin to an area that looks like a giant penis, Tesla also increased the ride fare.

Lucid enters the robotaxi race, joining Tesla in the battle to shape autonomous mobility.Image source: Tom Williams/ The robotaxi race just got real. Robotax

A major change is quietly taking place on the roads of America. Not with drivers but without them. Self-driving taxis, also called robotaxis, are finally here. And two giants are leading the charge: Waymo and Tesla.

Tesla's new robotaxi geofence in Austin cuts across that of Waymo's and has a phallic shape.

With the ability to cover up to 450 miles on a single charge, the Gravity SUV is expected to function well as a robotaxi, since it will need less downtime for recharging. This way, vehicles will be available for riders more often. Tesla ’s own Model Y is being used as the brand’s robotaxi, but that has nowhere near the range of the Lucid Gravity.

Waymo and Tesla ramp up robotaxi efforts, signaling a major shift in urban mobility and the future of autonomous transportation.

An upside down Tesla “T”? An upraised middle finger? Something else? The shape of EV maker’s new Austin service area draws laughs and criticism.

Tesla’s much-publicized robotaxi service began this weekend — but only in one neighborhood in Austin, Texas, only for a select group of the company’s fans and only with a Tesla employee in the front passenger seat.

The three autonomous driving experts told Business Insider about how they think the launch went, and what may have prompted some issue.