Weride Inc ADR WRD

$WRD This is as simplified as I can make it. WRD (not WeRide) is wrapped up in this diagram and Tony has not changed sentiment even though he is trying to do that ever since Q1 ended.

$WRD I’ve had a good dig into Chery’s robotaxi plans, and the more I examine the pieces, the more the possibility of WeRide playing a substantial role stays with me. My thesis: A potential 100,000-vehicle fleet by 2030, with WeRide technology underneath a Chery-branded platform. Some reasoning: - best partner fit - established footprint L2/ L3 (test) /L4 (pilot) - most compute agnostic platform (Chery is building its own silicon). - most experienced robotaxi partner - international strategy alignment - Chery is a JingShuo customer (and Chery’s models go beyond mobility). Also, they dissolved Dazhou Intelligent and Lion Technology into their Chery Innovation Center, after its robotaxi ambitions proved too capital-intensive and slow to commercialize. I believe Chery aligned the organization, to retain certain capabilities and control, while sourcing the more operational challenging ones to expert partners, such as WeRide. Change my mind.

$WRD D1EV confirms Aion i60 replaces N60 at Changsha D1EV has confirmed a significant change to WeRide's competition entry for this weekend The GAC Aion N60, winner of both Guiyang and Shenyang, will not compete. Instead, the new Aion i60 will represent WeRide's technology. The organiser explicitly describes the i60 as using WeRide's latest solution (AEP 2.1.0.0 version). It asks whether the model can extend the N60's 2 consecutive victories to a 3rd. The Exeed Sterra ET's participation also remains unconfirmed. For Changsha, the competition is scheduled for October 24–25.

$WRD it ain't over yet by a long shot. If $4.20 breaks the H&S targets $4.02 and if the left shoulder is the shoulder to the left of the one shown, $3.94+/- There is nothing is the chart saying WRD is safe no matter the time frame or the RSI oversold. Only Tony can save it by something he says or reports. The market does not look like it will let WRD live.

$WRD I’m doubting if Chery would disclose it, if WeRide would power their autonomous driving stack. Here’s a video of the intro of their service. https://x.com/chinacase2020/status/2112438131605807356/video/1?s=46

$WRD in contrast here is what $PONY insiders did. I don't blame an insider for selling free shares. I just find it fascinatio nWeRide insdiers sold zero shares so far.

$WRD this was a quick exercise so my numbers might be a bit off but they are in the ball park. About 90.4MM shares were granted to 4 insiders to date (CFO 18.1MMM, SVP 17MM, CTO 16.4MM and Co-Founder 54.7MM). Those shares are free to be sold, they are not in a lockup. Only Tony has shares in a lockup until next year. As of today they all held on. That's remarkable. About 6MM of the 90MM are RSU granted in September that are not available to sell. So, about 85MM shares could be sold anytime at prevailing market prices. The 6MM RSU granted in September are performance based for revenue expansion and shareholder value targets. They issued 17.8MM RSU in total for these officers, certain execs and employees. They are all tied to the same performance targets on rev and shareholder value. SO, none of these WeRIde execs paid a penny for their multi-million gift of shares and all of them still hold those shares at $WRD all time lows. Why they haven't taken even a token prize $ is interesting

$WRD Bolt selects NVIDIA for European robotaxis, starting in Madrid in 2027 Bolt has chosen NVIDIA’s Alpamayo for its autonomous programme, beginning with Lucid. The wider plan supports at least 25K L4-ready vehicles. 🇪🇸 Madrid’s initial phase involves data collection + validation, subject to approval. No confirmed driverless commercial launch. Implications for WeRide? +Immediate: Bolt’s announced Madrid route uses NVIDIA and Lucid, rather than the anticipated $PONY combination. WeRide, Uber and AVOMO already have permission with 20 vehicles, Waymo will enter with 16 (but does not have commercial permits yet). That creates an opportunity to advance before Bolt’s programme matures. + Longer term: Bolt is developing a competing service around its own demand platform, fleet operations and NVIDIA technology. WeRide must demonstrate that its integrated autonomy offering delivers faster approvals, reliable operations and better fleet economics. > https://bolt.eu/en/blog/alpamayo/