Motley Fool Money - Big Investing Takeaways From CES 2026

Episode Date: January 7, 2026

CES is always an exciting time in tech because new productions – both realistic and crazy – are introduced. This year, Uber and NVIDIA stole the headlines and we discuss what else we learned from the announcements at CES. Travis Hoium, Lou Whiteman, and Rachel Warren discuss: - Uber and Lucid’s big reveal - NVIDIA’s autonomy model - Lego’s smart blocks - Duds at CES Companies discussed: Uber (UBER), NVIDIA (NVDA), Apple (AAPL). Host: Travis Hoium Guests: Lou Whiteman, Rachel Warren Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We’re committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

We're in the middle of CES. So what new tech are we excited about? Maybe what are we not so excited about? Motley Full Money starts now. Welcome to Monty Full Money. I'm Travis Hoyam, joined today by Lou Whiteman and Rachel Warren. It's still a little bit slow in the traditional investing world, but we do have CES going on right now.

So I wanted to talk about a few of the interesting topics. The first one I want to cover, we're going to talk about our duds. I'm pretty excited about that later in the show. So stay tuned for that. But some of the biggest announcements were, actually related to autonomous driving. I want to ask you to about one specifically, and that's Uber's reveal with Lucid. We knew that they were working together.

Neuro is actually the technology behind Luce's autonomous vehicle, but this is a Waymo-like vehicle runs on Nvidia's stack. They're actually bringing this to market, supposedly in 2026. Lou, is this the blueprint for the future? Are we going to see more companies like this, or is this just kind of a one-off that, you know, is getting a lot of pub this week. I mean, I think alliances are a big part of the blueprint. So on that level, yes.

And the nice thing about this alliance is, look, you have best-to-breed, right? Lucid makes excellent vehicles, I think, and also large luggage-ready vehicles with 400-plus-mile range. So that's a big part of it. Uber, we've talked at length about their just distribution network. So that is best-to-breed. And Nero is a well-regarded player with Autonomous doing a lot of different things. I don't know, though, if this combination really strikes me as, wow. Lucid is an expensive automobile.

I mean, who knows what, there's markup, but at retail, what they're bringing to the table is, what, an $80,000 plus fee? Yeah, if you're criticizing Waymo, making, you know, turning a Jaguar into an autonomous vehicle, this is going to be even more expensive. And with a lot less economies of scale, right? You know, a lot less going on there. You didn't ask this, but can this particular thing work out? I mean, for one, we'll see. Having it on the road in 2026 versus having it at scale in

2026 is a different thing. And also, I do think that we need to remain excited about this because there's a ton of CAPEX. There's a ton of high costs. I think the blueprint is probably some version of best of breed, but kind of with more thought on the big scale providers. Maybe those Detroit companies you love to talk about, but other people just kind of partnering, but not necessarily this alliance as the model for what's to come. What did you think about this one, Rachel? Is this something that at least piqued your interest or not? Yeah, it definitely piqued my interest. I do think it could be interesting to see how this could create some kind of a blueprint for a different type of business model, you know, more of a specialized horizontal partnership

model rather than the vertical integration we've seen with Waymo, for example. And I think it's kind of really interesting to look into how this partnership with lucid, neuro, and video and Uber works because it really divides the expertise of these industry leaders, right? So you've got the Robotaxy, the hardware. That's built on Lucid's Gravity SUV platform. It offers luxury, long range, up to 450 miles, seating for six. They're handling the manufacturing at their Arizona factory. Then you've got sort of the brain of this partnership, right? That's neuro. They're lending their level four neurodriver software and sensor suite. The computing side, That's Nvidia, right?

So the vehicle runs on Nvidia's Drive AGX Thor platform, which is basically this incredible supercomputer, it processes massive data from high-resolution cameras, LiDAR, and radar in real-time. And then finally, you've got the experiential piece, and that's Uber. And so, of course, Uber provides this massive user base. They're designing this exclusive in-cabin interface for this new vehicle, and writers can then, you know, one day use the Uber app to summon the vehicle and place an order. So on-road autonomous testing began in the Bay Area just in December. They're now slating commercial service for late 2026 in the Bay Area.

Uber has said they plan to deploy about 20,000 or more of these vehicles over the next six years across dozens of global markets. So I think it's a really, really kind of interesting and exciting new entrant into the space. I mean, obviously this partnership was announced months ago, but this is kind of the first time we've seen some kind of proof of concept of what that could. look like. I think there's benefits for all of these different players within this broader ecosystem. So I'm kind of excited to see where this goes. And as someone that's been very impressed with Waymo and what they've done in this space so far, I think seeing this kind of new partnership model could be a really interesting alternative to that to watch. Lou, Rachel touched on this, but the big change here does seem to be that we're going

from these vertically integrated companies. That was always the theory behind Tesla, right? They're manufacturing the vehicle, they're doing the technology, then they would potentially have their own app for Robotaxies. Waymo kind of did the same thing because they had to build it from scratch. Now we're finally seeing, and this typically happens with new technologies and new business models, the vertical integration, you're solving a whole bunch of problems, you've got to kind of do them yourself. Now, this is lucid and Nero and Uber, but why can't this be General Motors and, you know, a company like MobileI or Ford or Volkswagen, where you have way more scale. way more cost efficiencies, way more options for the vehicle itself, too.

You know, we have talked about maybe a six-passenger vehicle that can fit a bunch of luggage is great. But also, what happens if you only need two seats, 80% of the time like Tesla's theory is with the Robotaxi? This does, it seems like if this works, it could be almost replicated with every single OEM. Is that the right way to think about it? I think it's definitely something to keep in mind as an investor because I think there's some risk. to it, but yes, I think that what this tells us is that whether it's Mobile Eye, whether it's Nvidia, Qualcomm has chips too, that you can partner with someone. You don't have to be vertically integrated. And here's the weird thing, Travis. We want a minimum standard. I want to know I won't

crash. But I don't know if semantics about, but this is better. If you create a system that has good reliability, it's only the engineers and the fanboys who are going to care if, but this is technologically superior. All you have to do is get to that critical mass and you're in the game. So investing billions of dollars to have the perfect system or the slightly better, the 99, the 7-9s instead of 5-9s as far as 99.999 or whatever, I don't know if that's money well spent for these that are trying to go to them. It's going to be interesting to see if the best strategy in autonomy for automakers was actually just to wait.

See who can figure this out. It's possible that that's long term, the winning strategy. When we come back, we're going to talk about a company we don't talk about often. And it's Lego. You're listening to Motley Full Money. These days, I'm all about quality over quantity, especially in my closet. If it's not well made and versatile, it's just not worth it. That's honestly what I love Quince.

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Quince.com slash Motley. Welcome back to Motley Full Money. One of the announcements that caught my eye this week, and this is kind of a CES kind of announcement, but Lego announced that they are introducing smart blocks, smart tags, smart characters, kind of bringing technology to a very old product. But Rachel, this seems really intriguing. One of their initial launch partners is Disney with some of their Star Wars characters and Star Wars sets that are going to come with a number of different of these different smart chips, make all kinds of sounds. It almost seems like bringing technology and some of the robotics that we've seen with some of the technica and things like

that, to simpler blocks. Is that the right way to think about it? Is this, is this the future of Lego? You know, it could be. I mean, it's interesting because there have been some sort of iteration of this technology around for a long time, but it's come a long way. This is the first time we've seen Lego really implement this in their products. Lego has positioned this, and this was sort of how they framed their announcement as the most significant evolution. in their products since their 1978 mini-figure for those who follow the Lego lore. So this new product uses Bricknet, which is basically a proprietary Bluetooth-based protocol to allow the Lego bricks to communicate locally with insane millimeter accuracy.

So basically, this creates a digital twin of that physical play in real time. It's a really kind of exciting thing, I think, if you're a kid, it's really an upgrade to this technology. So these smart bricks, they use a custom-made change. chip sensors, lights, and a speaker, and it creates a really interactive and responsive play experience, but without a screen, which I think is something that's probably very compelling for a lot of parents, too, right? Your kid is still playing with all these different types of products, but they're also very technologically advanced. And I think the idea here is that the smart

brick is going to add a dynamic kind of interactive layer traditional screen-free Lego play. So, one of the examples I saw them give was like in a Star Wars Lego set. You could have a lightsaber dual tag that would trigger a lightsaber clashing sounds and light effects as the mini figures interact, which honestly sounds so cool to me. I would love to do that. So I think this is fun. Yeah. So I'm going to slightly push back at them.

I get the marketing teams excited about this. But the biggest, the most significant evolution since 78 was probably when they realized that everybody loves Legos and what is the creator's editions or something and started marketing these $500,000 sets for adults. That was going to be more. I predict that would be more of a revenue driver for Lego than this will be. I'm going to play the old grump here. The stuff is cool. I don't know if kids really care or appreciate it where you're going to drive revenue. You know, there's some, this looks neat. I can see sort of French things. I don't blame Lego for doing it. I can see collectors liking it. I can see some consumers.

but this kind of feels like just because you can, they've always used technology. The Lego botanicals have really cool little plug-ins where they glow, basically, where it's just like pieces. So they do a lot of this. They're always sort of add-ons compliments. I have no problem with them doing this. I would love to own the stock, Lego, if you want to go public just to me, please. That would be a great IPO to have in 2020.

Oh, I would be excited about that. Yeah, but look, is this really? wow, the next evolution of Lego or just kind of a cool add-on that's going to get some buzz, I think I'm closer to the latter than the former. It will be very interesting. Lego is one of those things that I cannot really get my kids excited about, but we do have one of those Duplo trains that comes with an app. That's pretty cool. And for three, four, five-year-olds, that's a pretty cool, you know, bringing technology to something like Duplo's and Legos.

We'll see if this has legs, though. Disney definitely seems to be excited. When we come back, we're going to look at our CES duds, and there are a lot of them. You're listening to Motley Full Money. Some of the best lessons don't come from a classroom. They come from experience. On the power of advice, a new podcast series from Capital Group, you'll hear from CEOs, investors, and founders about how they built careers, took risks, and reinvented themselves. If you're starting your own journey, this is the kind of advice you won't want to miss. Available wherever you get your podcast. by Capital Client Group, Inc.

Welcome back to Motley Fool Money. Now, every year, CES seems to have a theme, and investors often get wrapped up in it early in my days writing for the Motley Fool. It was 3D TVs. This was going to be the future. We were all going to be wearing these wacko glasses at home. Guess what?

That didn't happen. The stocks that went up because of that theory did not perform particularly well over a long period of time. So what sort of duds have you seen, Rachel, where you just sort of look at it on the surface and you go, oh, man, I am really not buying that. Yeah, there were a few.

I mean, speaking of smart glasses, right? So Lenovo, they had a smart glasses concept. It was essentially this non-working prototype that has a monochrome display and a camera, but it didn't really offer from what was apparent at the presentation any really compelling use cases compared to, say, you know, the smart glasses that one can purchase for meta. And we know how tough that wearables division has been for meta as well.

Yeah, that almost seems like you don't want to be following in meta's footwork. steps into the glasses market. Yeah, that's not an area that's necessarily proven profitable, at least not in recent history. There was another one called the Lepro AMI AI Soulmate. It was described as an always-on 3D AI soulmate. It's essentially a holographic woman inside an 8-inch curved screen. I mean, a little bit invasive, maybe also just an example of putting AI into products that don't need it. So that was a slightly odd one.

I've got to ask about that one because this sort of highlights to me, there's a lot of these startups that are building stuff with AI, but how much of it is actually things that we're going to use and how much of it, this is where I get a little 1990s vibes on the internet. There was a lot of companies that were doing things that just were never actually going to make money. And then, you know, when the crash happened, it was like, oh, obviously these were not real business models. This one I look at and I go, man, this.

This is tough, and they're spending a lot of money trying to make AI into a soulmate. I don't know how many people are going to want to buy this thing. And I think it also goes back to like a lot of the comments I was seeing coming out of CES was there were all of these different sort of products that had sort of the term AI attached to them. But it wasn't necessarily something that's going to, you know, make our lives better as consumers. It's not something the average consumers asking for. One other one, there were these powered rollerblades.

the peak S electric skis. They're designed to simulate skiing on dry land. There was a reporter who tried them described the experience as sort of a slow, awkward skiing motion, a cross-corporated floor. So, hey, you know, I don't want to knock it until I try it. But again, that's one of those examples where I'm thinking, are we asking for this? Do we need this? I don't know.

It was fun to watch. I'll say that. We got to circle back to the soulmate, okay, guys, because look. Yeah, okay. There's a fine line between innovation and dystopia, and that line runs through the marketing department, right? I don't know. I mean, we'll see. Maybe I'll just be a late adaptor to a soulmate. I still think there are analog ways to go about that that might be better. I'm going to that. Travis, I'll tell you, I can't beat that in terms of predicting duds. I will say I thought the LG, the Kloid, cloudroid, which

which is a home robot, I think that was creepy. And if you look at that demo, but it will have been done? Out of all of the home robots that we have seen, the humanoid robots, that was maybe the creepiest, yes. And just, just it's got, we shouldn't get into it to this on this podcast, but it has a weird figure to which is just like, what were you? I don't know. That was an engineering compromise, I think. Here's a point I want to make, though. It's interesting going through this to me.

You know, so many of the things were just, like Rachel said, slapping. AI owns something we already have, or kind of version 2, 3, 4.0 of something that's been tried and failed. Pebble has a new ring. LG is doing another paper thin television that they say, and just go on the wall with magnets. We give Apple a ton of flack for not coming up with the next big thing. And it makes me wonder, looking at what CES says the next big thing is, maybe we're just on a point of the technological curve where it's hard to come up with, with what our current capabilities are, something that really, really moves the needle. I mean, Johnny, Johnny Eve and Sam Altman, if they come up with their AI imaginary friend device, whatever Open AI spent billions

for, maybe they'll make me look stupid. But I just think maybe this, my investor takeaway is for Apple, maybe we're being too hard on them because I don't see anyone else knocking out of the park in terms of the next big thing either right now. Yeah, I think that is a fair takeaway. And it does seem like AI is being slapped on everything. I also have to just wonder, what does that mean for the future of this AI development? Because we're talking about trillions and trillions of dollars worth of value. If those GPUs are being rented out to, you know, build a soulmate or build a model that's, you know, behind the ring or something like that, that people aren't actually going to buy.

This is the challenge. There's got to be a business model behind it. Some of these, I don't, I wonder if there is. fundamentally of business. As always, people on the program may have interest in the stocks they talk about and the Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. All personal finance content follows the Motley Fool's editorial standards and is not approved by advertisers, advertisements, our sponsored content and provided for informational purposes only. See our full advertising disclosure,

please check out our show notes. For Lou Whiteman, Rachel Warren, Dan Boyd behind the glass in the entire Mountly Fool team, I'm Travis Hoym. Thanks for listening. We'll see you here tomorrow.