300+ Cybercabs on the road in Austin right now. That's 8x fleet growth in 30 days. Dallas is next. The robotaxi story went from “someday” to “right now” FAST. These are steering-wheel-less cars. No driver. Actually doing rides. And it hasn't been pretty. CNBC called month one “rocky”: long waits, wrong dropoffs, regulators sniffing around certification. Bears: 395x trailing P/E. HSBC at $157. The future is priced in. This is a car company in a costume. Bulls: a real autonomous network, scaling in real time, and this is only the start. I'm a believer in the AI & robotics thesis. Long-term hold for me. But I'm not going to pretend the execution looks clean. Robotaxi is either the whole thesis playing out... or the most expensive test fleet in history. Where do you stand? 👀
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2 Comments
Scott S@scottsinvesting · 2h
Where do I stand? Waymo is proven in 14 municipalites (1300 vehicles and growing in SF Bay Area alone), while Tesla’s Robotaxi’s still has significant uncertainties in Austin alone…
Retired
@retired · 2h
The world is changing rapidly 💨
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