Alphabet's (GOOGL +0.38%) (GOOG +0.00%) Waymo recently issued a voluntary recall of its autonomous vehicles (AVs) -- about 3,800 in all -- which got a lot of attention. Apparently, when a self-driving car drives itself into a flooded road (thankfully, with no one inside) and gets swept away into a creek, people understandably freak out a little. But the mishap, along with additional reports of some Waymo vehicles struggling to navigate heavy rain and flooded roads, is likely a temporary issue for the company rather than an ongoing problem. And it's unlikely to negatively impact the company's long-term potential to tap into the nearly $2 trillion global AV market taking shape between now and 2035. How deep do you think that water is? After a handful of Waymos made very public driving mistakes in bad weather, the NHTSA began an initial probe in April. That led to Waymo issuing a voluntary recall, meaning the company proactively took its AV fleet off the streets in the 11 cities where it operates to address the issues. That's important to highlight because Waymo has, from the beginning of its formerly named Google self-driving car project, been very focused on safety. It may seem to some riders that Waymo cars are just popping up overnight in new cities, but the company has tested its AV software for more than a decade, with millions of real-world miles driven and billions of digital miles logged. Like any software (or human), Waymo's AVs can make mistakes. And it's not the first time Waymo AVs have. The vehicles were reported to have passed stopped school buses in error earlier this year. Waymo has issued software updates to fix the issues. Still, I think one of the major lessons from this mishap is that Waymo can make big changes