Jun. 29 at 8:36 AM
$WRD STATS:
-Lost 34% since Q1 reported,
Is 30% below the buyback cost basis,
Lost 35% since Tony said WRD is 40% undervalued to WAYMO so he started a 36MM share buyback (some of that was needed for emp comp plan but not al 36MM)
Short interest rose 41% to its highest level.
I said the Q1 report was a disaster and the market response since supports that.
WeRide had
$1.7MM more in product revenue than it did in Q1 2025 after adding 3 new counties, 10 cities, launched UBER + GRAB and has WePilot production since November.
Acct Receivable held steady at 60% of the entire revenue reported on 5 consecutive qtrs. Did Tony give away AVs to show revenue?
WeRide needs massive scaling not onezies and twozies. The market that WeRide has (1.7B people) needs more than
$3MM in qtr revenue.
Tony's statement that WRD is 40X undervalued got a bid until earnings came out.
What scales is unknown to us in WePilot (underway) and Vans (rumored to be a spin off). Is Geely on track? Where is Lenovo.
Fix this, Tony.
