Ark Investment Management LLC, under the guidance of renowned investor Cathie Wood, remains steadfastly optimistic about Tesla Inc., forecasting that its stock price will soar to $2,600 within the next five years—approximately ten times its current valuation. In a recent interview, Wood emphasized that Tesla's autonomous taxi business is poised to account for 90% of the company's future value. At the HSBC Global Investment Summit, held in Hong Kong on Tuesday, she further elaborated that Tesla's venture into humanoid robotics has yet to be incorporated into Ark's stock price projections.
