Forward Cap
@forwardcap
Do legacy automakers really want to sell EVs? Analyzing how these OEMs view EVs and why: autoinsights.substack.com/p/do-legacy-oe…
Wants to go all-in autonomous vehicles by investing in Google (Waymo is ~0% of Google’s revenue and ~2% of its total enterprise value. the stock is tied to advertising) Assumes Waymo has $0 capex (it’s very capex heavy)
Probs negative EBITDA at this stage given ramp up and limited city coverage But would assume it's all profit given $0 capex and largely software Kinda like how $UBER rides are all profit (stripping out driver costs)
And there are people fighting to allocate more money away from billionaires (mostly great capital allocators) towards the federal government (capital incinerators)
It’s amazing how every organization run by the government is literally falling apart. Air Traffic Control, DMV, Post Office, etc. I can’t think of a better argument for keeping government out people’s lives.
Sorry but I can’t take anybody with this opinion seriously
A hill I’ll die on: Google Sheets is better than Excel and it’s not even close
Not long ago, Elon predicted >20% delivery growth in 2025 YTD deliveries are down -13% compared to H1 2024 (-19% compared to H1 2023!) despite steep price cuts
Elon’s guidance on $TSLA Q3 earnings call on 10/23: - Q4 deliveries of >515k - FY25 deliveries of 2.17-2.35M - FSD exceeds human drivers in miles per critical intervention by Q2’25 Q4 deliveries fell flat at ~496k I’m skeptical of the other two items as well
When will fintwit realize most of an insurer’s cash is just a reserve to pay out future claims and can’t be returned to shareholders
If you listened to last week’s @FuturumEquities podcast -- you know we spent time walking through why $OSCR feels like a rare setup. At $13, you’re not actually paying $13 for the business. You’re paying $4 -- the rest is sitting on the balance sheet in cash 😳
Reminder that Uber will not benefit from AVs No ownership of autonomous tech nor vehicle manufacturing. Uber’s economics will be worse than current-state
$UBER TO INVEST $300M IN $LCID FOR ROBOTAXI PARTNERSHIP Fleet of 20,000+ Lucid Gravity SUVs with Nuro’s Level 4 tech will run exclusively on Uber’s app starting 2026
The average American is born into the top 1% of wealth globally along with more freedom, opportunity, and access to high-quality healthcare than people from virtually every other country Most Americans don’t understand their privilege
I wonder what it’s like to come from a well-off family, where money’s never been a factor or anything
Big milestone Ironic that now every argument for Waymo / against FSD saying “Waymo has cars without somebody in the driver seat, Tesla has none” is already wrong. Goal posts will continue to move
BREAKING: First ever Tesla Model Y robotaxi with no-one in the drivers seat spotted testing on public roads in Austin, Texas! Tesla's new "Robotaxi" wordmark/logo is on the side of the vehicle.
😂 this was never going to end well Piss off both political parties - great strategy for the face of a consumer brand
Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate.
Come a long way from a guy dancing in a costume less than 4 years ago
Was just getting warmed up
Still amazes me that $LMND's market cap is anywhere near $ROOT. Don't think it stays that way for long
Ceding a lower portion of earned premiums (now <7% for Root) is a good thing. This lowers Root's reinsurance costs, allows them to retain / convert more premium to net income, and shows confidence in their underwriting. For context, LMND is still ceding over 50% of GEP to…
Toyota is as good of a partner as Waymo could’ve asked for Could be transformational, but could also be another make believe EV / solid state battery situation
We’re pleased to announce that together with @ToyotaMotorCorp, we're exploring a new autonomous vehicle platform and how to leverage our technology for their personally owned vehicles. More here: waymo.com/blog/2025/04/w…
Bragging that oil prices are down is like bragging that cap gains taxes are down
Oil prices are down, interest rates are down (the slow moving Fed should cut rates!), food prices are down, there is NO INFLATION, and the long time abused USA is bringing in Billions of Dollars a week from the abusing countries on Tariffs that are already in place. This is…
All good guys.. losing money is all part of a sophisticated trading strategy
