Is Cathie Wood’s robotaxi thesis realistic?
Will “robotaxis” — self-driving ridesharing vehicles — be the key to exponential profit growth for companies like Tesla (NASDAQ: TSLA), as ARK’s Cathie Wood famously argues? In this Motley Fool Live broadcast, recorded on May 27, Industry Focus host Nick Sciple and Motley Fool senior auto specialist John Rosevear take a look at Tesla’s — and others’ — self-driving efforts and assess when, and whether, self-driving taxis will be both ubiquitous and highly profitable.
https://www.nasdaq.com/articles/is-cathie-woods-robotaxi-thesis-realistic-2021-06-10