Investor is holding 250 shares of HSAI but provides no thesis or reasoning in the title. Without the post content, the investment rationale and key risks cannot be determined.

LiDAR sensors will drive the next major capital cycle as physical AI and autonomous systems mature, with conservative 40%+ CAGR projected. Hesai is positioned best due to vertical integration and profitability despite China risks, while Ouster's high margins will erode during scaling and RoboSense lacks profitable unit economics.