Why is no one talking about Uber?
We are 30% below 52-week high on cyber cab robotaxi fears, but who gives a fuck when Uber is literally becoming the distribution for AV (autonomous vehicle) rides. They literally committed $7.5b to buying robo taxis for self operation and $2.5b in VC investments across dozens of companies, many of which they are already working with.
Main names:
Waymo
Zoox
Nuro
Lucid
Rivian
WeRide
Wayve
Avride
Baidu (Apollo Go)
Pony.ai
Verne
NVIDIA
Volkswagen (MOIA)
Stellantis
Moove
Torc
It should be clear to you regards by now that distribution matters way more than tech. No one is downloading the Tesla robo taxi app when they can have human and robo drivers from 30+ providers in one app on Uber, under their Uber 1 subscription.
Furthermore, executives are literally buying more, when their compensation is so heavily skewed to equity. Imagine you’re the CEO making less than $5M a year in cash ($30M stock), you’re worth $200M and $150M of that is in Uber stock, and you decide to buy more? How do you even explain that to your wife.
Alright here’s the insider buys:
Insider buying (\~$17M total):
Dara (CEO): $10M @ $70.96 (Sept 10); 2025 comp $35.6M, \~87% equity
Macdonald (COO): $5.3M @ \~$75.8 (Sept 4); 2025 comp $25.6M, \~77% equity
Balaji (CFO): \~$1.6M earlier in 2026
Execs out of the way, Pelosi has fucking calls expiring in March. She’s down 20% on them. You can copy trade this crook and make 25% before she even hits her break even:
She reportedly has: $500K–$1M Mar 2027 $50 calls, bought May 29
Ok sure she’s deep ITM so this is basically levered stock, but she still chose calls because she’s very bullish. She knows something we don’t, she doesn’t gamble.
Also, amazing business metrics:
Bookings are up 22% YoY, trips are up 18%. They’re growing fast, they’re trading at a 2.8x multiple on sales when historically they were at 4x.
I haven’t touched options since I rode puts on SPY down to $220 during covid, 5x my portfolio and losing it all as I became a perma bear. I’m back now, for this play specifically.
Positions: $75 strike, 19Mar27 calls