Tag: ARK Invest

Tesla could be a major winner in the race towards AI, according to Cathie Wood, CEO of Ark Invest. She believes the company's shares, currently valued at $201.16, will reach $2,000 in five years. As a supporter of the automaker, Wood has consistently made bold predictions regarding its potential, citing its innovative technologies as one of the most significant AI opportunities available. Tesla has consistently been at the forefront of efforts to reduce carbon emissions through its electric cars, batteries, and energy storage.

Cathie Wood, founder and CEO of Ark Invest, discusses the implications of artificial intelligence & it's impact on companies, employees and investors. She believes winning the AI market requires domain expertise, deep AI understanding & proprietary data. Her firm recently sold 500k Shopify shares to prove her point. Wood cautions that proper handling of AI is a must, and the key to success is having unique data to stand out.