WeRide CEO Calls Its Tech Comparable To Tesla FSD
WeRide (NASDAQ: WRD) stock falls despite Q2 revenue surging 92% to $34.15M, driven by global Robotaxi expansion and record gross margins.
WeRide's sales jumped a lot and its CEO says the company's self-driving tech is as good as Tesla's, but investors still sold the stock. When a company does well but stock drops, it could mean people worry about competition or future earnings.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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