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  "documentTitle": "Aurora Innovation, Inc. (AUR)",
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  "presentationDate": "2025-08-01 00:00:00",
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  "notes": "Includes a quoted excerpt from Sterling Anderson (Aurora Investor Day 2024) followed by a critical analysis of the company's partnership strategy.",
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      "text": "The Economics of Aurora’s Autonomous Business Model are Hopeless",
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      "kind": "paragraph",
      "text": "Unlike Waymo, Aurora has no plans to operate a trucking/shipping service... The key to Aurora's business model is the economic benefit of getting the driver out of the truck, a",
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      "text": "At the start of 2028, we expect the Aurora Driver to be operating on lanes that represent approximately 50 billion vehicle miles traveled annually. For context, the entire U.S. market is about 200 billion.",
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      "text": "[The American Transportation Research Institute (ATRI)] expects the total cost on average to be about $2.25 per mile, with the driver wages and benefits being roughly $0.91 per mile. That's the DaaS [driver as a service] market opportunity...",
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      "text": "That's the DaaS [driver as a service] market opportunity that we are going to go after and also deliver value for our customers... Our indicative DaaS pricing range, and again recognizing we're a few years away from operating our DaaS business model, is $0.65 to $0.85, okay? — Sterling Anderson, Investor Day 2024",
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      "text": "IV. The Economics of Aurora’s Autonomous Business Model are Hopeless",
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