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
方舟投資管理有限責任公司的凱西·伍德表示,她相信特斯拉公司(納斯達克股票代碼:TSLA)進入自動駕駛出租車業務後,其股價可能會大幅上漲。伍德認爲,這種轉變可能爲全球帶來8萬億至10萬億美元的收入機會。
發生了什麼:在Tiger Money播客中,伍德表示,特斯拉有可能佔領多達50%的自動駕駛出租車市場。彭博社報道,考慮到特斯拉在自動駕駛出租車領域的潛力,投資者開始對特斯拉的估值超出其電動汽車產量。
伍德說:“自動出租車平台是當今發展的最大的人工智能項目。”她認爲,特斯拉的股票還有很長的路要走,這主要取決於其自動駕駛的潛力。
儘管截至4月22日,今年特斯拉的股價下跌了43%,但伍德仍然看漲。過去兩個月的反彈抵消了大部分損失。伍德一直支持特斯拉,使其成爲她的方舟創新ETF(紐約證券交易所代碼:ARKF)的頭號持股。
伍德還強調,自動出租車網絡將是一個 “贏家通吃” 的機會。提供最安全和最快服務的提供商將保護大部分業務。她預計特斯拉將在這方面引領美國市場。
上週,特斯拉在65億美元的ARKF中的權重超過了15%。伍德透露,該資產管理公司已經從特斯拉身上獲得了部分利潤,但允許其飆升至正常上限以上,預計將有更多關於特斯拉機器人出租車項目的信息。
儘管特斯拉計劃中的機器人出租車發佈有所延遲,但伍德仍然毫不動搖。她說:“我們可能離這個機器人出租車的機會越來越近了,而不是更遠了。”
爲何重要:即使在股票大幅拋售期間,伍德對特斯拉的看漲立場也始終如一。2月,她重申了對特斯拉的樂觀前景,將股價暴跌歸因於週期性低點,並預計自動駕駛出租車網絡和平台的推出將推動轉機。
伍德在4月表示,特斯拉是全球 “最大的人工智能項目”,並預計隨着三項關鍵技術的融合,未來幾年該科技股將升至每股2,000美元。
儘管最近因訂單低於預期而持懷疑態度,但伍德對特斯拉及其在自動駕駛汽車領域的未來的樂觀情緒凸顯了她對顛覆性技術潛力的信念。
7月,Ark Invest開始出售特斯拉股票,此前該公司公佈的第二季度交付量超過了低迷的預期。該公司在接下來的兩個交易日繼續出售其持有的特斯拉的少量股份,然後暫停,這可能是由於趨勢逆轉所致。
價格走勢:根據Benzinga Pro的數據,週二特斯拉股價在常規交易日收盤上漲1.55%,至256.56美元,盤後交易中下跌0.2%。
用 Shutterstock 照片製作的插圖
- 吉姆·克萊默說,如果你現在賣出這隻中國電動汽車股票,“一些小丑” 將 “對此持樂觀態度”,等到 “所有這些事情發生”
這個故事是使用 Benzinga Neuro 創作的,由 Shivdeep Dhaliwal