Pony AI’s Stock: Faster Than a Slippery Robotaxi!

While the S&P 500 was taking a leisurely stroll backward, Pony AI’s stock was doing the cha-cha on the NASDAQ. Investors, like bees to a proverbial robotaxi hive, swarmed the ticker PONY, lifting it a sprightly 4% on Tuesday. One might say the market is feeling *driven* to take a ride with this autonomous automaker. 🚗

Rolling Out the Red Carpet for Robotaxis

Goldman Sachs’ Allen Chang, that esteemed oracle of Wall Street, didn’t just raise his price target for Pony AI-he gave it a 13% facelift and a standing ovation. Now at $27.70, the new “fair value” is practically a middle finger to the company’s current price. A “buy” recommendation? More like a “bow” recommendation. After all, what’s 30% growth when you’re racing toward the future? A warm-up lap. 🏁

Pony AI’s latest antics? Testing Gen-7 robotaxis in Beijing, Guangzhou, and Shenzhen. It’s like the Three Musketeers of autonomous driving, minus the muskets and plus the machine learning. And in some cities, they’ve expanded service hours from 15 to 24. Because apparently, robotaxis need to outwork humans who require sleep, coffee, and the occasional existential crisis. ☕

Oh, and they’ve launched full commercial service in Pudong, Shanghai’s most high-profile district. If your car can’t parallel park, maybe it’s time to reconsider your life choices-or at least your driving license. 🚦

Self-Driving Success: Or How to Outrun a Bear in a Parking Lot

Goldman Sachs’ Chang, that shrewd prognosticator of all things robotaxi, now believes Pony AI’s gross merchandise value per vehicle will rise. Combine that with their plan to grow the fleet to 1,000 by year-end, and you’ve got a recipe for growth that makes you wonder: Are these robotaxis serving burgers next to GMV? Only time will tell. 🍔

2025-09-24 00:37

Rolling Out the Red Carpet for Robotaxis

Self-Driving Success: Or How to Outrun a Bear in a Parking Lot

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