ARKK Dec 2025 46.000 put
- Yahoo Finance Video
Tesla's robotaxi: Why Ark Invest's Cathie Wood is bullish on it
Tesla is expected to unveil its robotaxi at an event on October 10. Tesla (TSLA) shares are flat year to date as EV demand in the US slows and competition in China heats up. The stock is a top holding in the Ark Innovation ETF (ARKK), which is down about 11% so far in 2024. Ark Invest CEO and CIO Cathie Wood says of the upcoming event, "Tesla is giving us great comfort, believe it or not, because we've done the research. I don't think a lot of analysts have done the kind of research on autonomous mobility that we have. We have a longer investment time horizon. That's why we've done the research." Wood thinks analysts will have to upwardly revise their estimates for what a robotaxi means for Tesla's bottom line, stating that she sees it as "a software as a service model with 80% gross margins plus on that side of the model, as opposed to 15 to 30% margins on the EV side." In the interview with Yahoo Finance, Wood explains why she is bullish on Tesla's robotaxi: "This is not if, it is when for Tesla. And for Tesla, it's also how quickly will they roll out? How quickly will they go national, or even global, with their aspirations? As you know, Elon thinks in a very big way and he has positioned Tesla to win the lion's share of this market. And this AI project is a winner-take-most project. The company that gets people from point A to point B the fastest, the safest, with as little wait time as possible is going to win the lion's share of the market." Be sure to check out the full interview with Ark Invest's Cathie Wood. For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Cathie Wood talks OpenAI investment and Tesla's robotaxi
OpenAI recently raised $6.6 billion in a new funding round, giving it a valuation of about $157 billion. One firm that has been investing in OpenAI is Ark Invest. Cathie Wood, ARK Invest's CEO and CIO, is betting big on AI. She says OpenAI, along with Anthropic, xAI, Google (GOOG, GOOGL), and Meta Platforms (META) are "stealing the march" in the space. While many investors are concerned about when companies will start seeing returns on their AI investments, Wood is hopeful. When asked about when OpenAI will start to turn a profit, she points to the development of agentic AI, which she thinks will open the door to more profitability, given that companies will be able to charge more for it. Despite some recent executive departures at OpenAI, Wood is confident in the startup's leadership, praising both CEO Sam Altman and CFO Sarah Friar. She notes that "what we witness in companies that are growing very quickly from startup into scaling is you need a different kind of management team." When it comes to competition between AI firms, Wood likes it. "Competition is good. It's going to make this space more competitive and more effective, I think, longer term," she says. On the possibility of a company like OpenAI going public, Wood argues "a lot of companies are staying private longer. They just don't want to deal with the regulation in the public equity markets. And they also don't want to deal with the very short-term oriented or short-term investment time horizon of shareholders in the public equity markets." However, she does think the public market could become more appealing with interest rates coming down and if investors were willing to stomach the longer-term time horizons some of these companies are working with. Watch the video above to hear Wood discuss Tesla (TSLA) and its upcoming robotaxi event. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
Cathie Wood's Ark Invest is buying the dip on tech stocks
Ark Invest CEO Cathie Wood has bought into the dip, adding positions in Amazon (AMZN), Tesla (TSLA), and Tempus AI (TEM) across the invest firm's ETF portfolios. In addition, Ark Invest added positions on Reddit (RDDT) and Meta Platforms (META) to its fintech fund. Catalyst Anchors Madison Mills and Seana Smith break down the latest developments around Cathie Wood's "buy the dip" approach amid market volatility. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
