I don't know the last time I got in an uber in Midland and the vehicle didn't look like it had just rolled out of the scrap yard.
Gaeilge said:Diggity said:
You're assuming every mile driven is being paid for. I don't care how efficient these taxis are with their routing, that's just not feasible.
I would guess it's closer to 50-60% for revenue generating mileage.
There's overhead costs like electricity, service, tires, cleaning, insurance, etc that will eat into the bottom line.
In the end, I would be surprised if they're breaking even at the rate mentioned, but that's not an issue while they try to get market share.
Eventually, it will have to climb to a rate that turns a decent profit.
They'll be able to undercut the hell out of Uber and Lyft. Even if the Robotaxi fare was double the $4.31, it is still ~20% savings. The cars can be used as cheaper carriers and delivery services too. Basically anything that Lyft and Uber offer, Musk can do it faster and cheaper.
Uber and Lyft will be operating at a significant disadvantage as he streamlines Robotaxi. Those two are not stocks to get into. Musk will cannibalize that sector with Robotaxi. His process is vertically integrated and it offers significant safety and experience advantages as well.
Heineken-Ashi said:
Who's ready for lower beef prices?
Heineken-Ashi said:
ASPN - Buy it and put a stop at $2.99. No idea where it's going next, but as long as over that, it's likely going up. $4.50-$5 is probably resistance.
Heineken-Ashi said:
AUST - $2.20 is significant resistance. Need it to blow through. I'll be reducing size significantly if it can't.
flashplayer said:Heineken-Ashi said:
AUST - $2.20 is significant resistance. Need it to blow through. I'll be reducing size significantly if it can't.
Time to buy more with stop at $2.20?
South Platte said:flashplayer said:Heineken-Ashi said:
AUST - $2.20 is significant resistance. Need it to blow through. I'll be reducing size significantly if it can't.
Time to buy more with stop at $2.20?
Did AUST discover gold in them hills?
Heineken-Ashi said:South Platte said:flashplayer said:Heineken-Ashi said:
AUST - $2.20 is significant resistance. Need it to blow through. I'll be reducing size significantly if it can't.
Time to buy more with stop at $2.20?
Did AUST discover gold in them hills?
Sentiment is bullish. You'll never catch the moves waiting on news or trying to find a fundamental view. Whether it be insiders, someone who knows something, general accumulation, etc.. there will always be signs. There's a reason I've been bullish on this one for a year now. And I haven't looked at a single financial release or piece of news.
Even large cap value is red today, but large cap growth is beating SPY.EnronAg said:
mega caps ripping...causing SPY/QQQ to rip...DIA, RSP, MDY, IWM all negative and grinding slightly downwards...flight back to safety after Trumps tariff tantrum...or as many say, the TACO trade
Heineken-Ashi said:
AUST almost to $3. 45% daily gain.
Heineken-Ashi said:
AUST almost to $3. 45% daily gain.
Heineken-Ashi said:
Now up 60% today. Jesus.
Heineken-Ashi said:
Now up 60% today. Jesus.
flashplayer said:Heineken-Ashi said:
Now up 60% today. Jesus.
So you didn't think we were hitting your $4 target today, huh?
Enjoy the ride up. If I'd bought when you posted about, it would have died immediately. I will continue to refrain.Heineken-Ashi said:flashplayer said:Heineken-Ashi said:
Now up 60% today. Jesus.
So you didn't think we were hitting your $4 target today, huh?
The thesis was projecting the 2023-2024 ABC onto the 2025-present pattern. So this was always possible. But no, I never imagine a 100% gain in one day lol.
Heineken-Ashi said:
AUST - Blew right through $2.20. Now at trendline. Through this, and $4 is next target followed by $5.
Consider taking some or all of your cost out here.
Jeeper79 said:Heineken-Ashi said:flashplayer said:Heineken-Ashi said:
Now up 60% today. Jesus.
So you didn't think we were hitting your $4 target today, huh?
The thesis was projecting the 2023-2024 ABC onto the 2025-present pattern. So this was always possible. But no, I never imagine a 100% gain in one day lol.
Enjoy the ride up. If I'd bought when you posted about, it would have died immediately. I will continue to refrain.
GeorgiAg said:
Dang, wish I bought AUST
- checks portfolio -
Holy crap, I did. LOL. I forgot I had that.
Thanks again HA - you guys are awesome.