$08X (-0,39 %) $PONY
Q2 Financials:
🔹 Revenue: $21.45M (Est. $16M) 🟢; UP +75.9% YoY
🔹 EPS: $(0.14) vs. $(0.92) YoY
🔹 Gross Margin: 16.1% vs. (0.3%) YoY
🔹 Net Loss: $(53.3M) vs. $(30.9M) YoY
🔹 Cash & Investments: $747.7M
Revenue Breakdown:
🔹 Robotaxi: $1.53M; UP +157.8% YoY; fare-charging +300% YoY
🔹 Robotruck: $9.52M; DOWN -9.9% YoY
🔹 Licensing & Applications: $10.41M; UP +901.8% YoY
Operational Highlights:
🔹 Over 200 Gen-7 Robotaxis produced since June; on track for 1,000-vehicle fleet by YE 2025
🔹 Only company with fully-driverless commercial ops in all four tier-one Chinese cities
🔹 Expanded 24/7 Robotaxi service in parts of Guangzhou & Shenzhen
🔹 Strategic partnership with Shenzhen Xihu Group for >1,000 Robotaxis in Shenzhen
🔹 Expanded global footprint — Dubai, South Korea, Luxembourg
Efficiency Gains:
🔹 Improved remote assistant-to-vehicle ratio; targeting 1:30 by YE 2025
🔹 Reduced insurance costs, improving unit economics
CEO Commentary:
🔸 “We’re scaling mass production toward 1,000 vehicles by year-end, with robust revenue growth and clear path to positive unit economics.”
