Cathy Woods believes Tesla will be leader of AI and gain half of $8-$10 Trillion market share.

Posted: Apr 28, 2024

- Elon Musk tweeted about $GME (GameStop) stock stating "Gamestonk!!" - The tweet caused a surge in GameStop stock price - GameStop stock has experienced significant volatility due to Reddit users banding together to drive up the price, known as a "short squeeze" - The rise in GameStop stock price has caused losses for hedge funds who bet against the stock - Elon Musk's tweet is seen as a signal of support for the Reddit users' efforts to drive up the price of GameStop stock. - Cathie Wood believes Tesla is the biggest AI project on Earth - Wood predicts that the AI market will generate revenues of 8 to 10 trillion dollars in 2030 - Half of these revenues are expected to go to platforms like Tesla - Tesla's stock ticker is TSLA



Summarized top reddit comments: - Cathy Woods is believed to think Tesla will lead in AI and gain a large market share - Some criticize her past investment decisions and question Tesla's ability to be a leader in AI - There are mixed opinions on Cathy Woods, some think she is a shiller while others see her as confident in her projections - Some doubt Elon Musk and Tesla's capability in the AI field compared to other tech giants - There is skepticism and criticism towards Cathy Woods and her predictions



Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!