Mar. 3 at 7:16 PM
$WRD Stan Druckenmiller said "you have to visualize the situation 18 months from now - that's where the price will be."
When WRD IPO 16 months ago did you see WRD at
$6? Did CathieWood see price 30% below here cost basis 12 weeks later? Probabbly not or no one would be in it. Shorts saw it, they increased short interest by 11,883%.
16 months ago WeRide had 20+ taxis running, now its possibly 1300 and possibly 1600+ on all AV.
Over the next 18 months Tony said WeRide will have 10K taxis running (you have to trust him on that), then there is everything else WeRide has in its lineup plus more markets opening plus WePilot in full bloom.
So where will WRD be in 18 months on Stan investment thesis? Ask yourself that question and hope WeRide is around to find out. Tony is a disaster at helping guide markets for sharehollders.