Jul. 11 at 4:46 PM
$AUR i am consistently hitting the character limit. so everyone, please, enjoy these bonus posts.
chris is clearly going on a marketing tour. and we all know what that means: capital raise incoming.
w/ the AT SPACs being announced, the continued expansion of
$GOOGL's waymo,
$TSLA's robotaxi launch, etc., i suspect we'll raise $ 1B at
$4.75 (give or take a little on amount/price) either at the end of the month or in Q3. i don't think we're going to want to go into 2026 worrying about money.
and honestly, the key is the amount we raise. the more we raise, the more confident participants of the marketplace are. and the better for us.
per my notes below, still believe there's limited upside. when we report the Q2 update on 7/30, it's going to be uneventful. the same thing he mentioned in the BBG interview. probably ~25Kish "fully autonomous miles", an extra truck or two, etc. i'm comfortable buying here and will load should there be macro weakness or downside from the raise.
thank you.
