Cathie Wood Says Tesla Holds Edge In 'Winner Take Most' Autonomous Driving And Robotaxi Opportunity
$Tesla(TSLA.US$ The article is about an interview with Cathie Wood which revealed how she is defending Tesla's price target of $1,400 (higher TP is $2,000).
Quote:
Delving into the bear-case 2027 price target of $1,400 for Tesla, Wood said a third of the valuation is associated with EVs and scaling them and two-thirds is around autonomous and autonomous taxi platforms, Wood said in an interview with CNBC. The fund manager said many countries are interested in having a Tesla plant and pointed to Turkey to make her case. So the EV story is all working out as expected, she said.
Tesla, Wood said, is in pole position in the U.S. as far as autonomous driving and robotaxi platforms are concerned. The company has collected more data about the roads in the U.S. and actually other roads around the world than all the other companies combined, she said. “Probably [Tesla] will be the company that will get people from point A to point B as quickly and safely as possible,” she said. Robotaxis is a winner take the most market, Wood said.
Tesla, Wood said, is in pole position in the U.S. as far as autonomous driving and robotaxi platforms are concerned. The company has collected more data about the roads in the U.S. and actually other roads around the world than all the other companies combined, she said. “Probably [Tesla] will be the company that will get people from point A to point B as quickly and safely as possible,” she said. Robotaxis is a winner take the most market, Wood said.
Source:
$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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ZnWCOP : Cathie Wood sold 95.27k Tesla's share worth USD 25.39M on Tuesday, 19 September 2023
Tesla stock remains her top portfolio at 8.31%. She is holding 4.01 millions Tesla's share worth USD 1.07 billion.
https://www.moomoo.com/community/feed/111095986454534?global_content=%7B%22invite%22%3A%22101709443%22%2C%22promote_content%22%3A%22mm%3Afeed%3A111095986454534%22%7D&data_ticket=212ca245a589f1e400fb2e247953bc77
imaginative Coyote_8 : Ignore her. They're wearing a pair of pants
ZnWCOP : Q2 2023 financial report: Cathie Wood holding 4.84 million Tesla's share (USD 1.32 billion)
https://www.moomoo.com/community/feed/110734551285766?global_content=%7B%22invite%22%3A%22101709443%22%2C%22promote_content%22%3A%22mm%3Afeed%3A110734551285766%22%7D&data_ticket=212ca245a589f1e400fb2e247953bc77&content_type=feeddetail
Dramericanjesus : so a person holding millions in shares will make up bullshit to pump the price.
ZnWCOP Dramericanjesus: You are contradicting. Cathie Wood is selling Tesla share.
MoonWalker777 : What she sold is nothing. She still has 1.32 Billion USD worth left....
bullrider_21 : Cathie's Tesla holding used to be nearly 11% of her portfolio. Now it's less than 9%.
ZnWCOP bullrider_21: Thanks for contributing "comment".
ZnWCOP : Someone gave a number "11%" without source of info is generating baseless "comment". Anyone can go use Moomoo app under Institution Tracker to check historical record on how much Tesla share is Cathie Wood holding.
bullrider_21 ZnWCOP: These are written by yourself. From 10.67% to 8.31% yesterday.
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