Cathie Wood & TSLA
Posted: Apr 06, 2024
- Cathie Wood believes that autonomous vehicle business has a high gross margin, similar to software as a service - She predicts that electric vehicle gross margin will improve to 25-30% - Wood views Tesla as more than just an auto company, mentioning robotics, energy storage, and AI - Ford and GM are seen as making a mistake by not focusing on EVs, allowing Tesla to dominate the market - Wood predicts Tesla's cars will drop in price, making them more competitive with other companies' offerings
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