⚠ DCF unavailable: complete debt and cash evidence at a consistent date and currency is missing. Unknown net debt is not zero; eligible equity-multiple comparisons remain available. · Peers swapped to "AI / Robotics platform" cohort: Vertical-integrated software margins + autonomy/robotaxi optionality + energy storage. Auto-industry P/E of 8-12x doesn't reflect 30%+ gross margin and platform monetization.