where does waymo take us next? when will i be able to buy a self-driving waymo myself? have a dimension employed, fully autonomous ride-hailing service in phoenix and that is how people can experience it. you can download an app, order a car. it shows you up with -- it shows up with no human behind the wheel and takes you anyway. we have plans to expand that capability we build to other commercial applications. we will slowly get to what we refer to as the personal car ownership. emily: on that note, do you plan to sell services direct to consumer and if so, when? or is it going to be like a package service to cities and music polities? >> we are definitely going direct to consumer. we have two sides to our business. we have waymo one, which is where remove people and we are moving goods. for waymo one, our ride-hailing service available today in phoenix, it is direct to consumer. you download the app. you go from point a to point b. there is no driver in the car or behind the wheel at all. that is really important because i think there is a lack of understanding that t

when you go out on the streets here, or when you cross at a crosswalk, and there is a waymo, waymo isavoid an accident and avoid an accident with you if you happen to be on the roads. and some people also are clearly offended by that notion. in fact, some residents have reacted very strongly indeed. reporter: check out this video - we found on youtube showing a man attacking a self—driving car. you know, there's hundreds of thousands of people that see these cars on the road everyday, but there have been some folks who really don't like them and have either tried to run them off the road with their own cars or thrown rocks at them. one man drew a gun and aimed it at the safety driver as the car passed by his driveway. so some people really have a problem with this amount of technology sharing the roads with them and kind of cruising through their neighbourhoods at all hours of the day. in chandler, there is the same mix of excitement and concern about self—driving cars that we have seen everywhere. the difference is, for these people, it's happening right in front of them, right now.

companies like waymo are experimenting whether their technology can avoid hitting you.nt. when you go out on the streets here, or when you cross at a crosswalk, and there's a waymo, it is actively testing whether or not its cars can avoid an accident and avoid an accident with you if you happen to be on the roads. and some people also are clearly offended by that notion. in fact, some residents have reacted very strongly indeed. reporter: check out this | video we found on youtube showing a man attacking a self—driving car. you know, there's hundreds of thousands of people that see these cars on the road everyday, but there have been some folks who really don't like them and have either tried to run them off the road with their own cars or thrown rocks at them. one man drew a gun and aimed it at the safety driver as the car passed by his driveway. so some people really have a problem with this amount of technology sharing the roads with them and kind of cruising through their neighbourhoods at all hours of the day. but a lot of these incidents are not when the car cut s

companies like waymo are experimenting whether their technology can avoid hitting you.e experiment. when you go out on the streets here, or when you cross at a crosswalk, and there's a waymo, it is actively testing whether or not its cars can avoid an accident and avoid an accident with you if you happen to be on the roads. and some people also are clearly offended by that notion. in fact, some residents have reacted very strongly indeed. reporter: check out this video we found on youtube showing l a man attacking a self—driving car. you know, there's hundreds of thousands of people that see these cars on the road everyday, but there have been some folks who really don't like them and have either tried to run them off the road with their own cars or thrown rocks at them. one man drew a gun and aimed it at the safety driver as the car passed by his driveway. so some people really have a problem with this amount of technology sharing the roads with them and kind of cruising through their neighbourhoods at all hours of the day. but a lot of these incidents are not when the

when you go out on the streets here, or when you cross at a crosswalk, and there is a waymo, waymo isry strongly indeed. reporter: check out this video - we found on youtube showing a man attacking a self—driving car. you know, there's hundreds of thousands of people that see these cars on the road everyday, but there have been some folks who really don't like them and have either tried to run them off the road with their own cars or thrown rocks at them. one man drew a gun and aimed it at the safety driver as the car passed by his driveway. so some people really have a problem with this amount of technology sharing the roads with them and kind of cruising through their neighbourhoods at all hours of the day. in chandler, there is the same mix of excitement and concern about self—driving cars that we have seen everywhere. the difference is, for these people, it's happening right in front of them, right now. it's big money, saying, "hey, i listen, this is cool, this is new, i'm sure you would like this," because you see it _ and it's fascinating. but at the same time, - you're costing

lyft also has a partnership with waymo, which is seen by many in the industry as leading the field in terms of tech and a company that could potentially have its own network up and running quite quickly. >> deirdre bosa, it does seem more efficient to partner as opposed to build yourself. dan, what do you think of this move >> yeah, i agree i think this is fairly well telegraphed and i think that waymo deal is probably the future for autonomy for lyft, and i'll tell you one thing, if waymo gets it right, waymo could be a bigger company than lyft in the not so distant future, so the tables might be a little bit turned here. so i like the focus on profitability. i know, you know, itseems to b one of those things that was holding the stocks back in the year or so after their ipos, but when you look at the performance off of the lows, i think this is obviously a big reopening trade, and you know, it's kind of come a little too far, too fast i'm not sure they had to sell it for this i know the understanding about getting to that profitability, seems to be something they needed to do i don'

stepping down of waymo john krafcik led the company for five years waymo has been consistently bleedingthe company top executives will now take co-ceo roles. this speaks to how hard and long and arduous the road to fully autonomous cars has been and continues to be. >> you look at elon musk back in 2014 and 2015 and 2016 and all saying we have autonomous cars in 2019 and 2020 i think we could be talking about this we might still be talking about this in 2028, 2029, 2030 to really nail it? >> i that iink that could be a possibility. we see so-called flying taxis before we see fully autonomous driving vehicles in mainstream ways across most of america. >> i happen to think you are right. in the meantime, we have other news. >>> update on the backlash to georgia's voting rights law. on friday, major league baseball announcing it will pull the 2021 all-star game from atlanta denounced by business executives across the united states some of that began on "squawk box" with other executives calling out that law voter i.d. requirements for absentee ballots and limits on drop boxes and given the

i think now as we are seeing autonomous vehicles commercialized for the first time, waymo, commercialized in the u.s., i think tesla is a realplayer to watch with their scale and data advantage. caroline: is it bullish or not when you hear of a list getting out of that and selling on to to yoda? -- toyota? >> i was not surprised. most recently gm also acquired a company called voyage. it acted as if they were close to commercializing. an acquisition would seem to say they are not so close if they have to integrate a whole new technology and team into their team. i think it's a tough problem in technology itself. i don't think every company will be successful. we think the auto industry will consolidate significantly. over the next decade, we are going to see that in autonomous and electric vehicles. you will continue to see more shakeups and clever lunches. -- launches. caroline: of course, there are plenty of other reasons as the basis of the valuation and the view you think it will get to annual revenue of $700 billion. what did you make of how cash placement is and what it is doing wit

it has a sizable stake in waymo and other news outlets online, so those are questions still to be answerednt group, what will happen with financial services and lending? lending is the number one revenue generator for ant group, and it is in the crosshairs because of the risk it poses to the bank and financial system in china at a time when china is trying to rain and risk. and what happens to payments? alipay and wechat pay have 90% of the market. that is at a time when the chinese government wants to roll out its own currency. that has to be answered. 34 other big tech companies, unicorns, if you will, that alibaba and tencent helped incubate -- they have also been put in the regulatory crosshairs. a long list of companies that still have uncertainty throughout, so we explore all these issues in redlined china and big tech coming up at 12:00 noon hong kong time is the debut of the show we have been working on for quite a few months. shery: good stuff. congratulations on putting all that together. chief asia correspondent stephen engle. we turn to tiktok, which has emerged as the defining

and relationship, magna does, and waymo, and korea, ev manufacturers. we love ev.e just want to participate in a value centric way. >> right but tesla's not a value stock. you know, you don't buy it based on fundamentals, dan it's the whole long-term story right? it's an energy company potentially an artificial intelligence company on those terms do you buy tesla or short it? looking at it only as an a.d. company? >> as all of those things. you have other plays on it to get much better value. if you want artificial intelligence or cloud, et cetera, look at google, which is our top pick in big cap tech. you know, google trades at a high 20 pe and they've still got a ton of growth in front of them. they have an autonomous driving division as well ai, they've got cloud as well. for us, it's about risk versus reward, and the analogy i make to you, you haven't gotten into this yet, but i believe later this year the fed will start to taper. the fed tapers that's a problem for multiples in the market. the analogy i draw, go back to amazon, the last double peak in 2000 rev

they're all electrifying but only one has an autonomous unit that is further advanced than google's waymod than tesla's autopilot. cruise has the potential to be a bigger business in autonomous vehicles than the others i'm not saying it will shake out that way, but they have that lead i don't think shareholders are baking any of that in at an $82 million market cap volkswagen doesn't have that. >> we're going to disagree and they are baking in it, which is why a lot of people own it what gm doesn't have that porsche has, porsche has been killing it, selling more cars in the pandemic than anybody else look at the valuation that you have got on ferrari, race. if porsche spins out that subsidiary into a stand-alone and they've talked about it, there's been speculation of 25% coming out, that would be equivalent to the market value of ford. so they may not have cruise but -- >> they did not sell more porsche. >> but they're much further along. >> they did not sell more porsche this year than chevy tahoes there's not a chance >> that's not what i said, josh. it is not what i said. >> all right

i don't think quantum computing is in the stock price, i don't think waymo and the self-driving car are not in there, at least not to the extent they should be if any of the other units within facebook were stand-alone companies, i believe the value would be significantly higher. when you look at facebook, i really think the whole thing is instagram, and that's where almost all of the growth, everything good that's happening for facebook is directly related to instagram, and zuckerberg knows it, which is why instagram stuff is not being broken out or separately reported to the extent it otherwise would be they're trying to ram all of this facebook stuff down into the users' throats to try to make the old platform as cool as the newer platform that's what is going on there and it is the opposite from my perspective. i do think facebook has more political risk than google, but google has plenty. for me it is not a reason for facebook to be lower, and i think facebook and google could work their way higher. what they have in common, and i think pete would agree with this, is that they're f

they look at waymo, and carl, they say, what's the deal?of say $2 trillion here i happen to think this company is doing quite well. why do we have to break it up. beware that that chatter is endless, carl, and i just think it's foolish you buy it for earnings and i think the earnings are going to be good. >> i did notice oppenheimer went to 23.50 this morning, but i didn't see the note. >> it was doug making some of the parts, but canaccord is talking about a big raise. everyone seems to think this is the safe one of faang. they all feel that this is the one that you can own because it hasn't moved in years. now it's up 31%. carl, i think we should be looking at other faang numbers because this thing is going up so much, but just beware, everyone's excited about netflix later this week, and, what, a couple hundred million subscribers, this is an exciting week and if you don't like stocks, you should watch something else. >> plus you got the boss on tonight. >> i have to have matthew boss because the retail conversation was such a success we