Cathie Wood's Vision for the Future of Tesla and AI
TL;DR Summary
Cathie Wood's Ark Invest recently published a valuation model that prices Tesla at $2,000 per share by 2027, which implies 1,030% upside from its current price. The valuation model hinges on robotaxis, a topic that Tesla CEO Elon Musk recently discussed in an interview with CNBC. Musk said that full self-driving (FSD) technology would ultimately allow Tesla to sell cars for software margins and that Ark Invest has the "best analysis" he's seen on the topic. Tesla plans to build a fleet of robotaxis by 2024 and launch an autonomous riding-hailing network, which could significantly increase its addressable market.
- Cathie Wood Says Tesla Stock Could Soar 1,030% by 2027 -- Elon Musk Says It's the Best Analysis He's Seen The Motley Fool
- The Executive Keeping Tesla Rolling Isn't Elon Musk | Tech News Briefing | WSJ Wall Street Journal
- The A.I. future according to Cathie Wood: full interview Fortune
- Cathie Wood Envisions Your New Career In AI-Driven Future: 'We're All Going To Become Programmers' - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL) Benzinga
- The Executive Keeping Tesla Rolling Isn't Elon Musk The Wall Street Journal
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