What are the 10x stocks in autonomous driving?
Most people think $Tesla Motors(TSLA)$ , but that's WRONG and a Tesla on FSD ran into a light post yesterday. Seriously!
I have 5 autonomous driving positions in the Asymmetric Portfolio and they all have 10x potential.
Here they are👇
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1. $Mobileye Global Inc.(MBLY)$
The horizontal business model in autonomy, developing software and hardware that OEMs around the world will buy.
Already a leader in ADAS, full autonomy could increase revenue per vehicle from ~$50-100 to $5,000+.
Working with $Lyft, Inc.(LYFT)$ , $Volkswagen AG(VWAPY)$ , and more deals likely in 2025.
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If autonomy is commoditized, the ride sharing companies have a 10x opportunity ahead.
Lyft's opportunity is to transition to autonomy before $Uber(UBER)$ and take market share.
At 1/4 the price of UBER stock, this could be a 100x stock in a decade. 🤯
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3. $Uber(UBER)$
Already the ride-sharing leader and that will likely be true in an autonomous world.
If the market is 10x or 100x bigger when rides become cheaper (under $1 per mile) and supply increases, autonomy will be a multi-decade tailwind.
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4. $Alphabet(GOOG)$ $Alphabet(GOOGL)$
Waymo is THE LEADER today.
If no one else figures out autonomy that's safe enough for public roads (possible), Waymo will scale and win.
It's a small part of Alphabet, but I like it as upside for a great company trading at a fair price.
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Short TSLA
Yes, I am short Tesla through Jan 2027 puts. Why?
1. FSD isn't...fully autonomous and won't be any time soon.
2. Tesla's sales are falling.
3. Elon Musk
4. Tesla's vertically integrated model doesn't make sense for a robotaxi world.
TSLA stock is insanely priced.
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