Elon Musk Bullish On Tesla Robotaxis, Cathie Wood & Sam Korus Show Us The Money
Fully self-driving vehicles that can go where they please and operate anywhere regulators allow them to do so are a tricky thing to think about, for three reasons.
Fully self-driving vehicles that can go where they please and operate anywhere regulators allow them to do so are a tricky thing to think about, for three reasons.
Tesla’s recent stock price rise has come as a shock to many, but not to others who have believed in Tesla (sometimes for more than a decade). One of those strong Tesla bulls has been ARK Invest. ARK has been focused on the larger picture since its inception. So far, this has been the best way to consider Tesla’s potential — in terms of sales, expansion, and apparently stock price as well.
Cathie Wood, founder of Ark Invest, yesterday sat down with CNBC’s SqawkTalk to talk about the Tesla Cybertruck. Tesla, which is the top holding in several of Ark’s funds, has Elon Musk as its CEO, and it’s natural the anchor wanted to know about what Wood’s thoughts were on the Cybertruck, as well as on other matters such as the defamation trial where Elon was found not guilty.
As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”
A lot of attention has been put on Adam Jonas’s recent update to Morgan Stanley’s Tesla [TSLA] price target, which … [continued]
After the company’s bumpy first quarter, Tesla’s share price has experienced a dizzying rollercoaster ride. All across financial news media outlets, the narrative surrounding the company continues to feed off of FUD (fear, uncertainty, and doubt). And much of it appears to be echoed by Wall Street analysts who cover the stock. Some influential investors, however, see things differently.
For our hot new CleanTech Talk podcast interview series, I recently sat down with ARK Invest Analyst Tasha Keeney to discuss various aspects of autonomous vehicles, Tesla, Tesla, and Tesla.
Tesla’s Autopilot has been hailed as the ultimate platform for developing a fully autonomous driving solution. After 8 months of owning our Tesla Model 3, Tesla shrunk down the base Autopilot package by removing a few features, and at the same time dropping the after-purchase price from $7,000 for Enhanced Autopilot to $4,000 for the new Autopilot package. It felt like the right time to pull the trigger on the update, so we made the purchase on March 1st.
For our hot new CleanTech Talk podcast interview series, I recently sat down with ARK Invest Analyst Tasha Keeney to discuss various aspects of autonomous vehicles, Tesla, Tesla, and Tesla. Tasha is focused on autonomous cars and 3D printing in her position at ARK Invest. She and ARK Invest CEO Cathie Wood recently hosted Tesla CEO Elon Musk in the studio for their new podcast series, so we built off of that chat and I also brought in several key autonomy topics I’m always eager to learn more about.
A recent analysis from ARK Invest indicates that the Tesla Model 3 (even the $44,500 Model 3 Long Range*) outcompetes the highly popular Toyota Camry on a total cost of ownership basis.