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Elon Musk Eyes Robotaxis as Tesla Valuation Model Points to Skyrocketing Growth

ByAlki David

May 21, 2023

Cathie Wood, the CEO of Ark Invest, remains confident in her investment strategy focused on disruptive innovation despite the recent weak performance of her funds. Her bold investment strategy had led to incredible outperformance during the early days of the pandemic, but all those gains have since disappeared.

Nonetheless, she believes in the future of companies like Tesla, which is the top holding of her Ark Innovation ETF. Wood and Ark Invest recently published a valuation model that envisions Tesla’s stock price reaching $2,000 per share by 2027, which implies 1,030% upside from its current price.

That bullish valuation model revolves around the idea of robotaxis, a concept that Tesla CEO Elon Musk recently discussed in an interview. According to Musk, Tesla’s full self-driving (FSD) technology would enable the company to sell cars for software margins. In addition, Musk praised Ark Invest for having the “best analysis” he’s seen on the topic of robotaxis.

Investors who are not familiar with robotaxis need to understand that this is a revolutionary concept that could disrupt the entire automotive industry. The idea is that Tesla’s FSD technology would allow car owners to put their vehicles into a ride-hailing fleet when they are not using them, which could generate significant income for the car owners and Tesla.

However, there are many challenges and regulatory hurdles that need to be overcome before robotaxis become a reality. Furthermore, there are other companies and technologies that could compete with Tesla in this space.

Investors who are interested in investing in disruptive innovation should consider adding Ark Invest’s funds to their portfolio. However, they should be aware of the high volatility and risks associated with this type of investment.

In conclusion, Cathie Wood and Elon Musk are confident in the future of robotaxis, and they believe that Tesla could be a dominant player in this industry. Investors who are interested in this trend should do their due diligence and consider adding Ark Invest’s funds to their portfolio.

By Alki David

Alki David — Publisher, Media Architect, SIN Network Creator - live, direct-to-public communication, media infrastructure, accountability journalism, and independent distribution. Born in Lagos, Nigeria; educated in the United Kingdom and Switzerland; attended the Royal College of Art. Early internet broadcaster — participated in real-time public coverage during the 1997 Mars landing era using experimental online transmission from Beverly Hills. Founder of FilmOn, one of the earliest global internet television networks offering live and on-demand broadcasting outside legacy gatekeepers. Publisher of SHOCKYA — reporting since 2010 on systemic corruption inside the entertainment business and its expansion into law, finance, and regulation. Creator of the SIN Network (ShockYA Integrated Network), a federated media and civic-information infrastructure spanning investigative journalism, live TV, documentary, and court-record reporting. Lived and worked for over 40 years inside global media hubs including Malibu, Beverly Hills, London, Hong Kong and Gstaad. Early encounter with Julian Assange during the first Hologram USA operations proved a formative turning point — exposing the realities of lawfare, information suppression, and concentrated media power. Principal complainant and driving force behind what court filings describe as the largest consolidated media–legal accountability action on record, now before the Eastern Caribbean Supreme Court. Relocated to Antigua & Barbuda and entered sustained legal, civic, and informational confrontation over media power, safeguarding, and accountability at Commonwealth scale.