One of Tesla's most vocal supporters is Cathie Wood, the founder and CEO of Ark Invest. Wood has consistently championed Tesla, not just for its dominance in the EV market but for its potential to revolutionize transportation through autonomous driving. She predicts that the robotaxi market could be worth between $8 trillion and $10 trillion, and believes Tesla could capture a significant share of that. According to Wood, this could position Tesla as the winner in what she views as a "winner-take-all" market. The Ark Innovation ETF now allocates 15% of its assets to Musk's company, far exceeding its usual 10% cap on individual positions. |
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