Cathie Wood Remains Confident in Tesla, Inc. (TSLA) Stock as Washington Seeks Answers on Robotaxis

Larry Ramer

Tue, May 13, 2025, 8:08 PM 2 min read

Well-known capitalist Cathie Wood , the CEO of Ark Invest, precocious reiterated her content that Tesla, Inc. (TSLA) banal tin scope $2,600 successful 5 years.

Speaking connected CNBC, Wood noted that the company's humanoid-robot projects are advancing much rapidly than expected and person not been incorporated into Ark's terms people for Tesla, Inc. (TSLA).

Meanwhile, the National Highway Traffic Safety Administration (NHTSA), portion of the national government's Department of Transportation, is seeking accusation connected Tesla's robotaxi inaugural which is owed to footwear disconnected soon.

Wood Says That Her Bullishness connected Tesla, Inc. (TSLA) Has Intensified

"Our assurance successful our terms people (on Tesla stock) has gone up present that Tesla is commercializing robotaxis," Wood told CNBC.

Additionally, the tech firm's efforts successful the humanoid-robot abstraction are bearing effect "faster than we expected" and are not incorporated into the terms target, the salient capitalist said.

According to Wood, Tesla, Inc. (TSLA) CEO Elon Musk has stated that the steadfast is the planetary person successful the humanoid-robot space. Wood believes that TSLA has a "$26 trillion gross opportunity" successful the second space, and she thinks that TSLA is well-positioned to win successful the sector.

 NHTSA Is Seeking Answers From Tesla, Inc. (TSLA)

Ahead of the motorboat of TSLA's robotaxi work successful Austin, which is lone respective weeks away, NHTSA is asking the automaker to picture however akin the inaugural volition beryllium to its Full Self-Driving (FSD) offering. "Collisions" that are allegedly related to FSD are presently being probed by NHTSA, the bureau noted.

While we admit the imaginable of TSLA, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns, and doing truthful wrong a shorter timeframe. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than TSLA but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.

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