MaPo

NEWS: Lucid today unveiled its production-intent robotaxi vehicle, developed in partnership with Group, Nuro and Uber, that will power its global robotaxi service. They also debuted today the Uber-designed in-cabin rider experience: • Sensor array featuring high-resolution cameras, solid-state lidar sensors, and radars. • Halo-mounted integrated LEDs to help riders easily identify the correct vehicle, display rider initials, and provide clear status updates from pickup through dropoff. • In-vehicle visualization that shows what the robotaxi sees and its planned path in real-time, including maneuvers such as yielding to pedestrians, slowing at traffic lights, changing lanes, and dropping off a passenger. • Interactive screens that let riders personalize their autonomous journey — from heated-seat and climate controls to music, as well as options to contact support, or request the vehicle to pull-over. • Fit up to six passengers • Compute based on NVIDIA DRIVE AGX Thor, part of the NVIDIA DRIVE Hyperion platform Pending final validation, the production intent robotaxi is expected to start production at Lucid’s Arizona factory later this year.

I agree. We need to start discussing now, what a robot tax looks like. I like a straight amount per hour of use , per robot or cobot. Doesn’t matter what the shape or form is. And start coming up with the responses to the inevitable “we won’t be able to compete economically with other country’s robots “ Every country will face the prospect of national instability if the economics get out of wack, which is far more expensive than what you are paying in taxes on your robots.

Some basic lessons for new investors to live by: 1/ Ignore the crowd. You make money by going against the consensus. 2/ Always pick stocks where you feel you have a research edge. 3/ You rarely go wrong investing in the company with the best product. 4/ Don’t listen to management. They are paid to be bullish. 5/ Study competitors, suppliers, and customer behavior. Be a product junkie. 6/ Have in your mind what you think a stock is worth, which is different from price. 7/ Be able to articulate in one sentence why you own a stock. 8/ Develop specific downside scenarios that would cause you to sell the stock. 9/ The highest quality of growth is unit growth, then pricing, then margin expansion, then cash reinvestment. 10/ Be wary of companies that grow by buying other companies. 11/ Sell discipline is selling a stock once it hits your price target, or your investment thesis (why you bought it) changes. 12/ Short stocks that have bad businesses, and not because they trade at high P/Es. 13/ Two big value creators are brand extension and TAM expansion stories. 14/ High P/Es are a function of high future growth rates, and not the industry. 15/ When investing in growth stocks always look for a controversy (“fight”). 16/ Buy stocks that can leverage key secular megatrends, and avoid those that will be hurt by them. 17/ Always consider cannibalization of existing products when sizing up new product opportunities. 18/ Be wary of “hockey stick” sales forecasts absent new products or expansion to new distribution channels. 19/ Stock buybacks are accretive if the E/P ratio exceeds the after tax cost of debt or return on cash. 20/ Price cuts rarely add value since competitors usually match them.

You cannot remotely control a Robotaxi. Everything has to be handled by the AI on the car. Funny to see all the Tesla bears in denial of what is happening.