Bearish on $LYFT: robo-taxi displacement risk — Tesla’s CyberCab makes it hard to compete at scale.
LYFT isn’t likely to survive as a standalone ride-hailing business if Tesla’s CyberCab replaces mass-market convenience with lower-cost robo-transport at scale.
I don’t see Lyft winning against a Tesla-led transportation stack that targets market-wide coverage with a far lower operational and per-mile cost structure. Even if services carve niches, the base case here is that the mass-market model breaks.
Jour de publication $13.05 · 05/14
"How to Invest for the "Age of Abundance" 💰 - 10-Yr AI Plan"