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Pathikrit Bose

Cathie Wood Remains Bullish About Tesla’s Robotaxi. TSLA Stock Is Waiting for a Financial Trigger Higher.

Cathie Wood Tesla Inc. Elon Musk Waymo Uber

Tesla (TSLA) cheerleaders are not hard to find. Some investors are enamored by maverick CEO Elon Musk, while others find the spaces that Tesla dabbles in — like energy and autonomous driving — to be exciting. However, alongside Wedbush analyst Dan Ives, Ark Invest founder Cathie Wood stands out with her optimism about the company.

In a recent interview, Wood primarily singled out SpaceX for how its initial public offering (IPO) will unlock value for shareholders as well as offer a new way to play the Musk trade. However, Wood also argued that Tesla Robotaxi will eventually come out as the winner against rival Waymo, which is backed by Alphabet (GOOGL).

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