Core Viewpoint - Goldman Sachs analyst Mark Delaney maintains a Neutral rating on Tesla Inc with a price forecast of $285, highlighting the company's recent launch of robotaxi operations in Austin, Texas, which began on June 22 for a small group of early access users [1][2]. Group 1: Robotaxi Launch Insights - Tesla's initial fleet for the robotaxi service is expected to consist of 10-20 Model Y vehicles, indicating a cautious approach to scaling operations [1]. - The launch is seen as a sign of progress in Tesla's Full Self-Driving (FSD) technology, although scaling is expected to be slow in the near term [2][6]. - Early performance of the rides shows good drive smoothness, but there are concerns regarding navigation issues, such as improper use of a left turn lane [3]. Group 2: Comparison with Competitors - Tesla's robotaxi service operates under more limited conditions compared to Waymo, which operates 24/7 in approximately 37 square miles of Austin, while Tesla is restricted to 6 a.m. to midnight in a smaller area [4]. - The service is currently available only to a select group of early-access users, contrasting with Waymo's availability to all users on the Uber app [5]. Group 3: Pricing and Revenue Projections - Tesla charges a flat fee of $4.20 for its rides, while Waymo's pricing is variable and shown at the time of booking through the Uber app [5]. - Delaney estimates the demand for autonomous vehicle rideshare in the U.S. will reach about $7 billion by 2030 and projects Tesla's fiscal 2025 revenue at $89.5 billion with an EPS of $1.10 [7].

Group 1: Tesla's Robotaxi Initiative - Tesla has launched its first self-driving robotaxis for paying customers in Austin, Texas, marking a significant milestone for the company and its CEO Elon Musk [1] - The launch is seen as a step towards a fully autonomous robotaxi fleet, which many investors believe could create a substantial new business opportunity for Tesla [1] Group 2: Current Business Performance - Tesla's core business remains electric vehicles (EVs), with the company set to announce its second-quarter EV delivery figures in early July [2][3] - First-quarter deliveries were approximately 337,000, the lowest in over two years, raising concerns among investors about the impact of Musk's political ties on customer perception [3][5] Group 3: Sales Data and Competition - Sales data from Europe indicates a decline in Tesla's sales in April across several countries, including the UK, Netherlands, and France [5] - In China, Tesla is facing increased competition from BYD, which offers cheaper EVs and faster charging technology, potentially posing a greater challenge than political issues [6] Group 4: Analyst Expectations - Wall Street analysts project second-quarter deliveries to be around 400,000, representing a 10% year-over-year decline, although some analysts believe investors may overlook a potential miss [7][10] - Barclays analyst Dan Levy suggests that investor focus has shifted towards the robotaxi initiative rather than current delivery figures, while Wells Fargo analyst Colin Langan reports a 21% year-over-year decline in deliveries [8][9] Group 5: Investor Sentiment and Future Outlook - Despite negative headlines regarding EV deliveries, Tesla's stock has risen nearly 24% quarter-to-date as of June 20, indicating investor optimism about future initiatives [10] - If Tesla underperforms in EV deliveries, it may signal deeper issues within the core EV business, which could affect investor confidence in the company's future growth prospects [11][12]

Core Viewpoint - Terranet AB has successfully completed a rights issue that was oversubscribed, raising approximately SEK 15 million before issue costs, indicating strong shareholder confidence in the company's future development [2][3][5]. Rights Issue Outcome - The subscription period for the rights issue ended on June 11, 2025, with 10,349,896 units subscribed for with unit rights, representing about 74.6% of the rights issue [3]. - An additional 4,704,934 units were subscribed without unit rights, corresponding to approximately 33.9% of the rights issue, leading to a total subscription of 15,054,830 units, or approximately 108.5% of the rights issue [2][3]. Financial Impact - The rights issue will increase the number of shares by 166,568,568 B-shares, raising the total share capital from SEK 14,715,191.82 to SEK 16,380,877.50 [7]. - If all warrants of series TO9 B are exercised, the number of shares will further increase by 83,729,677 B-shares, raising the share capital to SEK 17,218,174.270 [8]. Warrants and Trading - Each warrant of series TO9 B allows the holder to subscribe for one new B-share at a price of SEK 0.18, with the subscription period set from December 1, 2025, to December 15, 2025 [9]. - Trading in paid subscribed units (BTU) will occur on Nasdaq First North Premier Growth Market until June 30, 2025, or until conversion into B shares and warrants [10]. Company Development - The proceeds from the rights issue will enable the company to advance its product and business development, particularly in the commercialization of its anti-collision system, BlincVision [6]. - Terranet aims to enhance urban traffic safety through innovative solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [14].

Core Viewpoint - Bank of America Securities analyst Michael McGovern maintains a Buy rating on Uber Technologies while expressing caution regarding Lyft due to the rapid growth of Waymo in the autonomous vehicle (AV) sector [1]. Group 1: Autonomous Vehicle Market Dynamics - May Mobility is one of only two companies in the US currently providing rides without safety drivers, alongside Waymo [2]. - McGovern anticipates that the AV ecosystem will include demand aggregators (Uber, Lyft), vehicle manufacturers (Toyota), fleet operators (Marubeni), and autonomy providers (May, Waymo, Tesla) [3]. - May Mobility's partnerships with Uber and Lyft will enable it to receive thousands of trip requests every hour, enhancing route selection and asset utilization [4]. Group 2: Operational Developments - May Mobility is set to launch on Lyft in Atlanta mid-year, with riders assigned May vehicles based on trip selection [4]. - Uber's launch in Arlington, Texas, is expected at the end of the year, starting with driver-in testing before transitioning to driver-out rides [5]. Group 3: Technology Insights - May Mobility employs a combination of camera, LiDar, and radar technologies, with CEO Olsen advocating for camera technology due to its rapid advancements [6]. - The cost of LiDar and radar is expected to decrease as AV technology scales, although camera-only systems may not guarantee the best long-term solution for Level 4 autonomy [7]. - The analyst highlights the importance of sensor technology and mapping capabilities, noting that sensor costs become minimal when amortized over numerous rides [8]. Group 4: Competitive Landscape - The proliferation of multiple Level 4 AV providers is beneficial for Uber, which has nearly 20 AV partnerships and a global scale [9]. - Uber's stock has seen a 1.85% increase, reaching $87.20 [9].

Company Overview - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) aimed at enhancing urban traffic safety [7] - The company is headquartered in Lund, Sweden, with additional offices in Gothenburg and Stuttgart, and has been listed on Nasdaq First North Premier Growth Market since 2017 [8] Rights Issue Details - The Rights Issue involves a maximum of 13,880,714 units, with each unit consisting of twelve B-shares and three warrants of series TO9 B, issued free of charge [9] - The subscription price is set at SEK 1.08 per unit, equating to SEK 0.09 per B-share, and is expected to raise approximately SEK 15 million before costs [9] - Shareholders will have preferential rights to subscribe, with one existing share granting one unit right, and eighty-six unit rights needed to subscribe for one unit [9] - The subscription period runs from May 27, 2025, to June 11, 2025, with trading in unit rights occurring from May 27, 2025, to June 5, 2025 [4][9] Financial Commitments - The Rights Issue is fully covered by subscription commitments of approximately SEK 35.2 thousand (0.2% of the Rights Issue) and underwriting commitments of about SEK 15 million (99.8% of the Rights Issue), totaling 100% coverage [9]

Company Overview - Terranet AB aims to enhance urban traffic safety through innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) [7] - The company's anti-collision system, BlincVision, can laser scan and detect road objects up to ten times faster than existing ADAS technologies [7] Rights Issue Details - The subscription period for Terranet AB's rights issue runs from May 27 to June 11, 2025 [1] - Trading with unit rights will occur from May 27 to June 5, 2025, and trading in paid subscribed units (BTU) will take place from May 27 to June 30, 2025 [5] - The preliminary date for the publication of the outcome of the rights issue is set for June 13, 2025 [5] Investor Meeting - A digital investor meeting is scheduled for June 3, 2025, at 14:00 CEST, where CEO Lars Lindell will present the company's latest progress, including the development of BlincVision and plans for the launch of the Minimum Viable Product (MVP) [2][3] - Participants will have the opportunity to ask questions in real-time via the chat function during the meeting [2] Registration and Contact Information - Interested parties must register for the meeting by emailing corporatefinance@mangold.se by June 2, 2025 [3] - Questions can be submitted in advance and will be addressed during the Q&A session if time permits [3] - For further inquiries, contact Lars Lindell, CEO, via email at lars.lindell@terranet.se [7] Advisory Information - Mangold Fondkommission AB serves as the financial advisor for the rights issue, while Eversheds Sutherland Advokatbyrå AB is the legal advisor [6]

Core Points - The annual general meeting of Terranet AB was held on May 23, 2025, in Lund, where several key resolutions were made regarding the company's financials, board elections, and capital structure [1]. Financial Resolutions - The income statement and balance sheet for the financial year 2024 were adopted [2]. - The meeting decided to allocate the profits in accordance with the board's proposal, carrying the result forward [3]. - The members of the board of directors and the CEO were discharged from liability for the financial year 2024 [4]. Board and Auditor Elections - The board of directors will consist of five members, with Torgny Hellström re-elected as chairman [5]. - Ernst & Young AB was elected as the company's auditor, with Martin Henriksson as the auditor in charge [6]. Amendments to Articles of Association - The share capital was amended to a minimum of SEK 14,500,000 and a maximum of SEK 58,000,000, and the number of shares was adjusted to a minimum of 450,000,000 and a maximum of 5,800,000,000 [8]. Share Issues - The board's resolution for a directed share issue of up to 5,461,210 units was approved, potentially increasing share capital by a maximum of SEK 1,802,199.30 [9]. - A rights issue of a maximum of 13,880,714 units was also approved, with a potential increase in share capital by a maximum of SEK 1,665,685.68 [12]. Authorization for Future Issues - The board of directors was authorized to decide on new issues of shares, warrants, and convertibles, allowing for flexibility in raising new capital [15][16]. Minor Adjustments - The board was authorized to make minor adjustments to the resolutions adopted at the annual general meeting as necessary for registration [17]. Company Overview - Terranet AB focuses on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV), aiming to enhance urban traffic safety [18].

Core Insights - The company has successfully validated the Proof of Concept (PoC) for its BlincVision technology in collaboration with MobilityXlab, showing promising results in defined test scenarios [1][7] - The transition from prototype to Minimum Viable Product (MVP) is ongoing, with a focus on requirement specification, design improvements, and increasing system maturity [2][8] - A new CEO, Lars Lindell, has taken over, emphasizing the company's commitment to commercializing its technology and setting strategic goals for 2026 [3][14] - The company secured new financing totaling SEK 40 million, which includes a directed share issue of SEK 25 million and a rights issue of SEK 15 million, aimed at strengthening its financial position [10][11] - The company is intensifying efforts to strengthen its patent portfolio as part of the MVP development, with proprietary patent applications already in progress [5][6] Financial Overview - For Q1 2025, the company reported zero revenue, an operating loss of SEK 9,176 thousand, and a closing cash balance of SEK 4,952 thousand [4] - Earnings per share for Q1 2025 remained at -0.01 SEK, consistent with the previous year [4] Development and Commercialization - The MVP is expected to begin testing with selected partners in Q3 2025, including a collaboration with an industrial player in the mining sector [9] - The company is focused on addressing technical challenges and enhancing the functionality of BlincVision as it moves towards customer deliveries [5][8]

Company Overview - Terranet AB (publ) is focused on developing innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV) aimed at saving lives in urban traffic [3] - The company's anti-collision system, BlincVision, can scan and detect road objects up to ten times faster than existing ADAS technologies [3] Upcoming Events - On May 19, 2025, Terranet will release its Interim report for the first quarter of 2025 [1] - The company's CEO Lars Lindell and CTO Pierre Ekwall will provide an operational update during a webcast at 10 a.m. CET on the same day [1] - The webcast will be open to the public and will allow for written questions [1] Company Information - Terranet is headquartered in Lund, with additional offices in Gothenburg and Stuttgart [4] - The company has been listed on Nasdaq First North Premier Growth Market since 2017 [4]

Core Insights - The article discusses the negativity surrounding Uber's stock following its Q4 earnings release and analyzes the reasons behind this sentiment [1]. Group 1: Company Analysis - Uber's Q4 results were scrutinized, revealing a significant amount of negative sentiment in the market post-earnings [1]. - The author, an independent investor with expertise in finance, provides insights into the company's performance and market perception [1]. Group 2: Investor Perspective - The author holds a beneficial long position in Uber shares, indicating a personal investment interest in the company's future performance [2]. - The article reflects the author's independent opinions and analysis, without external compensation influencing the views expressed [2].