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Cathie Wood Predicts Tesla Stock Surge with Robotaxi Platform

Ark Investment's Wood sees autonomous taxis as a multi-trillion dollar opportunity for Tesla, driving significant stock growth.

  • Wood forecasts a ten-fold increase in Tesla's share price from its autonomous taxi platform.
  • The autonomous taxi market is estimated to be worth $8 trillion to $10 trillion globally.
  • Tesla's robotaxi unveiling has been delayed to October for additional prototype development.
  • Despite delays, Wood remains optimistic about Tesla's leadership in the autonomous vehicle market.
  • Tesla's potential in China and other sectors like energy storage remains largely untapped in current valuations.
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