If you buy Alphabet stock you're betting on the whole company doing well.
Google makes around $300B a year. Uber's entire business makes around $50B and that took a decade. Waymo would have to become a major business to move Alphabet's stock price in the near term.
Considering Waymo is very likely losing money, experiment very slowly with scaling up, and still raising billions in private capital outside Google... idk. Doesn't seem as simple as buy $goog in 2025.
Google makes around $300B a year. Uber's entire business makes around $50B and that took a decade. Waymo would have to become a major business to move Alphabet's stock price in the near term.
Considering Waymo is very likely losing money, experiment very slowly with scaling up, and still raising billions in private capital outside Google... idk. Doesn't seem as simple as buy $goog in 2025.
Otherwise I agree Tesla is a bit of a meme stock.