Aicha Evans 5.0 1 idea

CEO, Zoox
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AMZN 1 ideas
100% W +12.4%
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Amazon has been great. We're super happy to have them as a parent. Capital is not something I worry about. I worry about executing, delivering. Now that we're entering this commercial phase... Zoox is moving from a cash-burning R&D project into a commercial revenue-generating phase. By plugging directly into Uber's existing demand network, Zoox can achieve high utilization rates immediately upon launch. If successful, this creates a massive new mobility revenue stream for Amazon, validating its heavy investments in the space. LONG AMZN as its autonomous vehicle subsidiary begins commercial deployment, unlocking a new total addressable market in transportation. Regulatory pushback on purpose-built vehicles without steering wheels, or high operational costs that drag down Amazon's overall profit margins.
AMZN Bloomberg Markets Mar 11, 15:06
CEO, Zoox
Aicha Evans (CEO, Zoox) | 1 trade ideas tracked | AMZN | YouTube | Buzzberg