From Nasdaq: 2025-05-28 04:21:00

Cathie Wood’s vocal support for Tesla propelled her ARK Innovation ETF to fame. She predicts Tesla’s stock will soar to $2,600 in five years, emphasizing the potential of Tesla’s Robotaxi business. However, Tesla lags behind Waymo in autonomous driving, posing a challenge to meet Wood’s ambitious projection. Tesla’s expansion for Robotaxi faces hurdles in achieving profitability.

Investors may find it challenging to achieve Cathie Wood’s $2,600 price target for Tesla in five years due to hurdles in Robotaxi expansion. While Tesla aims to catch up with Waymo in autonomous driving, profitability remains a significant concern. It’s advised to approach high return expectations with caution without substantial evidence of Robotaxi success.

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Read more at Nasdaq: Ark Invest’s Cathie Wood Believes Robotaxi Will Drive Tesla Stock to $2,600 in 5 Years. There’s Just 1 Problem With That.