To The Moon

POLL TIME! Is $Uber(UBER)$ undervalued given its trajectory?Yes—ride (and deliver) the wave!No—too pricey at 35x forward P/EMaybe—needs more proof (robotaxi success?)$Uber(UBER)$ just keeps on rolling!From 20% YoY growth in gross bookings to a $7B stock buyback, here’s what you need to know about this market heavyweight.1. RECENT REVENUE GROWTH• Q1 FY24: Gross bookings hit $37.7B (+20% YoY)• Revenue: $10.1B (+15% YoY), beating estimates by $40M• Uber’s firing on all cylinders—mobility & delivery both on the rise2.EARNINGS & PROFITABILITY• Operating margin up from -3% to 2%—that’s a serious pivot to profit• Adjusted EBITDA soared 82% to $1.4B• First annual profit since going public in 2019. Party t

1. $Tesla Motors(TSLA)$ Robotaxi Bear Case DebunkedPeople say $Uber(UBER)$ is competing against $TSLA. That's wrong. $UBER is not an AV manufacturer. Is $Amazon.com(AMZN)$ e-commerce going out of business because merchants can sell directly to consumers? Of course not. AV manufactures will need $UBER's 170M monthly active users will to fill the demand. Plus, the AV manufactures will not have to worry about pricing, route optimization, daily operations, fraud, lost items, and so much more that comes into running a ride hailing platform. Long $TSLA and long $UBER. If they partner, even better.2. Competitive Advantage The $Uber

1. $Tesla Motors(TSLA)$ Robotaxi Bear Case DebunkedPeople say $Uber(UBER)$ is competing against $TSLA. That's wrong. $UBER is not an AV manufacturer. Is $Amazon.com(AMZN)$ e-commerce going out of business because merchants can sell directly to consumers? Of course not. AV manufactures will need $UBER's 170M monthly active users will to fill the demand. Plus, the AV manufactures will not have to worry about pricing, route optimization, daily operations, fraud, lost items, and so much more that comes into running a ride hailing platform. Long $TSLA and long $UBER. If they partner, even better.2. Competitive Advantage The $Uber

POLL TIME! Is $Uber(UBER)$ undervalued given its trajectory?Yes—ride (and deliver) the wave!No—too pricey at 35x forward P/EMaybe—needs more proof (robotaxi success?)$Uber(UBER)$ just keeps on rolling!From 20% YoY growth in gross bookings to a $7B stock buyback, here’s what you need to know about this market heavyweight.1. RECENT REVENUE GROWTH• Q1 FY24: Gross bookings hit $37.7B (+20% YoY)• Revenue: $10.1B (+15% YoY), beating estimates by $40M• Uber’s firing on all cylinders—mobility & delivery both on the rise2.EARNINGS & PROFITABILITY• Operating margin up from -3% to 2%—that’s a serious pivot to profit• Adjusted EBITDA soared 82% to $1.4B• First annual profit since going public in 2019. Party t