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.
A lot of attention has been put on Adam Jonas’s recent update to Morgan Stanley’s Tesla [TSLA] price target, which tanked the stock. One interesting matter is that Jonas’s overall price target actually remained the same despite the fact that he dramatically lowered the low-end option (the bear case). ARK … [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.
On April 19, Tesla will host a deep dive for investors into its autonomous driving program. The event will be live streamed and CleanTechnica will be there to bring you all the latest news.
Elon Musk recently went on ARK Invest’s “For Your Innovation” podcast, where he talked about Tesla’s progress with autonomous vehicle tech and the company’s production ramp rates for Model 3 and beyond. His comments shed light on his view of the company’s progress with the Model 3 production ramp compared to earlier estimates and help the rest of us better understand the company’s oft criticized delays.
Elon Musk sat down with Tasha Keeney and Cathi Wood of ARK Invest for a conversation about Autopilot and autonomous cars. He said Teslas will be capable of Level 4 self driving by the end of this year.
Comparisons between Tesla and Apple are nothing new, but with the Silicon Valley automaker poised for a new wave of growth, it’s a good time to revisit the parallels between the two disruptive companies. A recent article from ARK Investment Management explains the similarities in eerie detail.
