Tesla and Waymo execs testify before Senate panel on the future of self-driving cars — 2/4/26

Watch on YouTube ↗  |  February 04, 2026 at 17:39  |  2:12:42  |  CNBC
Speakers
Lars Moravy — Vice President of Vehicle Engineering, Tesla
Mauricio Peña — Chief Safety Officer, Waymo
Jeff Farrah — CEO, Autonomous Vehicle Industry Association
Ted Cruz — Senator (R-TX)
Ed Markey — U.S. Senator
Bryant Walker Smith — Associate Professor of Law, University of South Carolina

Summary

The Senate Commerce, Science, and Transportation Committee held a hearing on autonomous vehicles with witnesses from Tesla, Waymo, the Autonomous Vehicle Industry Association, and academia. The discussion focused on the need for a federal AV regulatory framework, safety standards, liability, data privacy, cybersecurity, accessibility, and competition with China. Tesla and Waymo highlighted their AV safety and deployment progress, while AVIA argued federal rules are needed for US industry leadership. Senators debated state preemption and regulatory gaps, with several expressing support for AVs but cautioning on safety and oversight.

  • Senate hearing examined federal regulatory framework for autonomous vehicles.
  • Tesla testified on AV safety, robotaxis, and US manufacturing.
  • Waymo described fully autonomous ride-hailing scale and safety data.
  • AVIA urged Congress to pass federal AV rules to counter China.
  • Senators debated state preemption, liability, data privacy, and cybersecurity.
  • Witnesses discussed accessibility, remote assistance, and operational design domains.
  • Academic witness called for humility and ongoing safety oversight.
  • Hearing ended with questions for the record and no legislative vote.
Ideas
Lars Moravy Vice President of Vehicle Engineering, Tesla 15:51
Tesla AV future improves safety, US manufacturing.
Tesla believes autonomous vehicles are the future and will significantly improve road safety by removing human error, enhance accessibility, and reassert US advanced manufacturing. Tesla designs vehicles to exceed safety standards, develops advanced AV features including robotaxis, and has a large US manufacturing footprint with over 95% North American parts, positioning it to benefit from a federal AV framework that provides regulatory certainty across all 50 states.
Mauricio Peña Chief Safety Officer, Waymo 20:21
Alphabet's Waymo leads safe autonomous ride-hailing.
Waymo, Alphabet's autonomous-driving subsidiary, is the first and only US company providing fully autonomous trips to the public at scale. It has driven nearly 200 million fully autonomous miles and served over 20 million trips, with data showing its driver is 10x less likely to be involved in serious-injury crashes and 12x less likely in pedestrian injury crashes versus human drivers, supporting Alphabet's AV leadership as Waymo expands across cities.
Jeff Farrah CEO, Autonomous Vehicle Industry Association 25:14
Federal AV framework boosts US AV industry.
The American autonomous vehicle industry is at a policy crossroads. With a federal framework that requires safety cases, driving competencies, a national AV safety data repository, and modernized vehicle standards, the US AV industry can improve road safety, expand mobility, create high-quality jobs, and set global standards. Without it, China will lead AV development and the US will accept preventable deaths and faltering supply chains.
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This CNBC video, published February 04, 2026, features Lars Moravy, Mauricio Peña, Jeff Farrah discussing TSLA, GOOG, Autonomous vehicles. 3 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Lars Moravy, Mauricio Peña, Jeff Farrah  · Tickers: TSLA, GOOG, Autonomous vehicles