Cathie Wood of Ark Investment Management LLC expressed her belief that $Tesla (TSLA.US)$ could see a significant surge in its stock price as it moves into the autonomous taxi business. Wood suggests that this shift could present a global revenue opportunity of $8 trillion to $10 trillion.
What Happened: During the Tiger Money podcast, Wood stated that Tesla could potentially capture up to 50% of the autonomous taxi market. Investors are beginning to value Tesla beyond its electric vehicle production, factoring in its potential in the autonomous taxi sector, reported Bloomberg.
"Autonomous taxi platforms are the biggest AI project evolving today," Wood said. She believes that Tesla's stock has a long way to go, primarily based on its autonomous driving potential.
Despite a 43% slump in Tesla's share prices this year through April 22, Wood remains bullish. A rebound in the last two months has erased most of the losses. Wood has consistently backed Tesla, making it a top holding in her Ark Innovation ETF (NYSE:ARKF).
Wood also highlighted that the autonomous taxi network will be a "winner-takes-most" opportunity. The provider offering the safest and quickest service will secure the majority of the business. She expects Tesla to lead the US market in this regard.
Tesla's weighting in the $6.5 billion ARKF surpassed 15% last week. Wood revealed that the asset manager has taken some profits on Tesla but allowed it to surge beyond the normal ceiling, anticipating more information on Tesla's robotaxi project.
Despite a delay in Tesla's planned robotaxi unveiling, Wood remains unfazed. "We're probably getting closer to this robotaxi opportunity, not further away," she said.
Why It Matters: Wood's bullish stance on Tesla has been consistent, even during significant stock sell-offs. In February, she reaffirmed her optimistic outlook for Tesla, attributing the stock slump to a cyclical low and anticipating a turnaround driven by the introduction of autonomous taxi networks and platforms.
In April, Wood stated that Tesla is the 'biggest AI project' in the world and expects the tech stock to move towards $2,000 per share in the coming years as three key technologies come together.
Despite recent skepticism due to weaker-than-expected orders, Wood's optimism about Tesla and its future in the autonomous vehicle sector underscores her belief in the potential of disruptive technologies.
In July, Ark Invest began selling Tesla shares just after the company reported second-quarter deliveries that topped muted forecasts. The firm continued selling a smattering of its Tesla holdings over the next two sessions before pausing, possibly factoring in a trend reversal.
Price Action: On Tuesday, Tesla shares ended the regular session 1.55% higher at $256.56 and declined 0.2% in the after-hours trading, according to data from Benzinga Pro.
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
Ark投资管理公司的Cathie Wood表示相信,随着其进军自动驾驶出租车业务, 的股价可能会出现大幅上涨。Wood建议这一转变可能带来8万亿美元至10万亿美元的全球营业收入机会。$特斯拉 (TSLA.US)$ Ark投资管理公司的Cathie Wood表示相信,随着其进军自动驾驶出租车业务, 的股价可能会出现大幅上涨。Wood建议这一转变可能带来8万亿美元至10万亿美元的全球营业收入机会。
事件经过:在《Tiger Money》播客上,Wood表示,特斯拉可能可占自动驾驶出租车市场的50%。彭博社报道称,投资者正在开始将特斯拉的价值超越其电动汽车生产,考虑其在自动驾驶出租车业务中的潜力。
Wood称,“自动驾驶出租车平台是当今最大的人工智能项目。”她相信,特斯拉的股价还有很长的路要走,这主要基于其自动驾驶潜力。
尽管特斯拉的股价在4月22日之前的今年已经下跌了43%,然而Wood仍然看好其前景。在过去的两个月里反弹几乎抹掉了大部分亏损。Wood一直支持特斯拉,在她的Ark Innovation ETF(纽交所股票代码:ARKF)中将其作为头号持仓。
Wood也指出,自动驾驶出租车网络将是一个“赢家通吃”的机遇。提供最安全和最快速服务的供应商将获得大部分业务。她预计特斯拉将在这方面领先于美国市场。
特斯拉在65亿美元的Ark Innovation ETF中的权重上周超过了15%。Wood透露,该资产管理公司在特斯拉上获得了一些利润,但允许其超过正常的上限,预期将有更多关于特斯拉的robotaxi项目的信息。
尽管特斯拉计划中的机器人出租车推出被推迟,但Wood仍然不动摇。“我们可能越来越接近机器人出租车机会,而不是越来越远,”她说。
为什么重要:Wood对特斯拉的看涨态度一直如一,即使在股票大幅抛售时也是如此。在二月份,她确认了对特斯拉的乐观展望,将股票下跌归因于周期性低谷,并预计由自动驾驶出租车网络和平台的推出驱动其反转。
在四月份,Wood表示,特斯拉是世界上最大的人工智能项目,并预计这家科技公司将在未来数年内朝着每股2000美元的目标前进,因为三项关键技术汇聚。
尽管最近出现了订单低于预期的质疑,但Wood对特斯拉及其在自动驾驶汽车领域的未来的乐观态度突显了她对颠覆性技术潜力的信心。
在公司公布二季度交付量超过初步预期后,Ark Invest在7月份开始出售特斯拉股票。在暂停几天之后,该公司继续出售一些特斯拉股份。
价格走势:根据Benzinga Pro的数据,周二,特斯拉股价在常规交易结束时上涨1.55%,报256.56美元,盘后交易下跌了0.2%。
本文使用Benzinga Neuro生成并由Shivdeep Dhaliwal编辑。