Why Cathie Wood's Ark Says Tesla Is 'Large And Looming' Rival That Could Capitalize On Regulatory Strides Made By Cruise, Waymo
Portfolio Pulse from Anan Ashraf
ARK Invest analyst Tasha Keeney suggests that Tesla could have an advantage over rivals Cruise and Waymo in the robotaxi business due to the data it has compiled with its full self-driving (FSD) software. Keeney also noted that the regulatory progress made by Cruise and Waymo could benefit Tesla. Elon Musk has predicted that Tesla will achieve volume production of Robotaxis in 2024.
August 01, 2023 | 7:37 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
General Motors-backed Cruise could face competition from Tesla in the robotaxi business.
The regulatory progress made by Cruise and the data Tesla has compiled with its full self-driving software could lead to increased competition in the robotaxi business.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEGATIVE IMPACT
Alphabet's Waymo could face competition from Tesla in the robotaxi business.
The regulatory progress made by Waymo and the data Tesla has compiled with its full self-driving software could lead to increased competition in the robotaxi business.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Tesla could have an advantage in the robotaxi business due to its full self-driving software data and the regulatory progress made by rivals Cruise and Waymo.
The data Tesla has compiled with its full self-driving software and the regulatory progress made by Cruise and Waymo could give Tesla an advantage in the robotaxi business.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100