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X @Herbert Ong
Herbert Ong· 2025-07-23 21:40
🚨 BREAKING: Elon Musk says Tesla’s Robotaxi rollout is about to grow bigger and faster than any competitor.Goal: Autonomous ride-hailing in half of the U.S. by end of 2025. Expansion coming soon to FL, AZ, CA, NV & more.$TSLA https://t.co/NuZNjD1HYq ...
X @Tesla Owners Silicon Valley
Tesla’s Full Self-Driving (FSD) will power my San Jose to Orange County trip, showcasing its advanced capabilities. More significantly, Tesla’s Robotaxi service, launched in Austin on June 22, 2025, is the first mass-scale autonomous ride-hailing platform to challenge Uber and Lyft. Starting with 10-20 Model Ys offering $4.20 rides in South Austin, it’s invite-only with safety monitors but leverages FSD’s vast data for rapid expansion, targeting cities like Los Angeles by 2026. This marks a pivotal shift in ...
2 Growth Stocks Billionaires Are Piling Into
The Motley Fool· 2025-05-23 08:07
Group 1: Uber Technologies - Uber Technologies has attracted significant interest from billionaire investors, with David Tepper doubling his stake and Bill Ackman purchasing over 30 million shares valued at $2.2 billion [4][9] - The company reported an 18% year-over-year increase in trips and gross bookings on a currency-neutral basis in the first quarter [5] - Uber is experiencing strong demand in suburban markets, which is higher than urban areas, positioning the company well for future autonomous ride-hailing services [6][8] - With 170 million monthly active platform consumers, Uber's large customer base is attracting partnerships with leading autonomous vehicle manufacturers [7] - Despite recent share price increases, Uber's forward price-to-earnings multiple of 25 remains attractive, with analysts projecting long-term earnings growth of 23% annually [9] Group 2: PDD Holdings - PDD Holdings, the parent company of Pinduoduo and Temu, has seen increased investment from billionaires, with Chase Coleman raising his stake by 67% [10] - The company has experienced impressive revenue growth, increasing from $15 billion in fiscal 2021 to $54 billion in fiscal 2024, with a profit conversion rate of 28% [12] - PDD offers a unique shopping experience that encourages repeat purchases through social group discounts, supporting its growth [13] - The management team is focused on long-term growth, willing to sacrifice short-term profits by lowering fees for merchants and investing in logistics [14] - PDD's shares are trading under 10 times this year's earnings estimate, reflecting a discounted valuation that may not account for its long-term growth potential [16]