The Bear Cave issued a cautious report on Serve Robotics (SERV), telling investors that any revenue growth is likely to fall short of expectations. The firm says Serve’s robots often perform “poorly or illegally in traffic,” including by blocking cars, firetrucks, trains, and the disabled, several restaurants are believed to have dropped Serve as a partner or not scaled beyond initial testing, and the firm believes 2026 will be the year “reality erodes expectations” for Serve shareholders.
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