Jake Wilhem's questions to Mobileye Global Inc (MBLY) leadership • Q3 2024
Question
Jake Wilhem, on for Aaron Rakers, asked for color on the recent drop in average selling price (ASP) for EyeQ bundles and its expected trajectory into 2025. He also questioned the adoption rate of the new EyeQ 6 chip and whether it could cannibalize SuperVision sales.
Answer
CFO Moran Rojansky explained that she does not anticipate significant changes to the ASP trajectory in the near term, despite some volatility in 2024 due to inventory issues and mix shifts. An executive, likely Nimrod Nehushtan, clarified that EyeQ 6 is a cost-optimized chip for the entry-level ADAS segment and does not compete with or cannibalize the high-end SuperVision system, which targets a different market segment.