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Anan Ashraf

Tesla’s Potential Platform Fees In Autonomous Ride-Hailing Could Surpass Expectations

Tasha Keeney ARK Ark Investment Management Cathie Wood Ark Invest Baidu Nasdaq Tesla Inc.

Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.According to an analysis by Cathie Wood-led Ark Investment Management, EV giant Tesla Inc’s potential platform fees in autonomous ride-hailing could be much higher than previously estimated. PHOTO BY MARCO BELLO/GETTY IMAGES

According to an analysis by Cathie Wood-led Ark Investment Management, EV giant Tesla Inc’s (NASDAQ:TSLA) potential platform fees in autonomous ride-hailing could be much higher than previously estimated.

What Happened: Ark analyst Tasha Keeney suggested that Tesla’s platform fees could command a staggering 80-90% of the gross revenues from autonomous ride-hailing.

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