Autonomy IPOs Heat Up: Tesla’s 20% Rally, WeRide’s $440M IPO, & Waymo’s $5.6B Funding Round
In this episode of Autonomy Markets, Grayson Brulte and Walter Piecyk discuss the opening of the autonomy IPO market and investors increasing desire to own autonomous vehicle companies.
Tesla’s stock rallied 20% following earnings that beat the street and Elon Musk’s continued commentary about Tesla’s robotaxi ambitions. WeRide completed its NASDAQ IPO raising $440M on October 25th, the same day Waymo announced a massive $5.6B funding round led by Alphabet with participation from Tiger Global and Sliver Lake.
Episode Chapters
- 0:00 Capital Markets are Open
- 3:07 Tesla Robotaxi Service in Palo Alto?
- 5:43 The Interrelationships and Risks of the Elon Musk Companies
- 10:43 WeRide IPO
- 19:37 Waymo’s Latest Funding Round
- 23:17 Lucid is Finding Out Autonomy is Hard
- 29:40 Wayve
- 32:02 Cruise Goes Driverless in Houston
- 33:16 Uber
- 37:02 Next Week