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The autonomous vehicle revolution has officially moved beyond concept and into real-world deployment. In major U.S. cities including Phoenix, San Francisco, Los Angeles, and Austin, fully driverless robotaxi fleets operated by Waymo, Cruise, and Tesla are already transforming urban mobility.
Market analysts project the U.S. robotaxi market to grow from under $1 billion in 2025 to as much as $15 billion by 2030, with the global opportunity expected to exceed $45 billion. As regulatory frameworks mature and public acceptance accelerates, robotaxis are rapidly shifting from pilot programs to core transportation infrastructure.
Tesla CEO Elon Musk has repeatedly emphasized the economic magnitude of this shift, recently tying his compensation package to the launch of one million robotaxis, stating that autonomous fleets could represent “the largest asset value increase in human history.” The model redefines vehicle ownership—turning cars from depreciating assets into revenue-generating platforms.
As deployment accelerates, investors are increasingly focusing not only on vehicle manufacturers, but on the critical technology providers enabling scale. One such company drawing growing attention is Peraso Technologies, Inc. (NASDAQ: PRSO). Also see additional Stocks under $1: 3 E Network Technology (NASDAQ: MASK), Republic Power Ltd (NASDAQ: RPGL), Kartoon Studios (NYSE: TOON), CCSC Technology Ltd (NASDAQ: CCTG), Power Metallic (OTCQB: PNPNF | TSXV: PNPN) and Scienjoy Corp (NASDAQ: SJ) with potential double-digit gains in 2026.
Benchmark recently reiterated its Strong Buy rating on Peraso with a $3 twelve-month price target, citing the company’s positioning within next-generation wireless infrastructure markets that stand to benefit from autonomous vehicle adoption (Link).
With hundreds of thousands of robotaxis expected to be deployed across U.S. cities by the end of the decade, the race is no longer about if robotaxis arrive—but how efficiently the ecosystem supporting them can scale.