Tesla Still Undervalued: Ark Investment Management CEO

Jan.31 -- Cathie Wood, Ark Investment Management Founder & CEO, maintains her bullish case for Tesla and speaks about the struggles traditional auto manufacturers will have adjusting to succeed in the electric vehicle market. She speaks to David Westin on "Bloomberg Wall Street Week."

[andrasbiro]

In short, Tesla is a car company to the same degree as Amazon is a bookstore.

[KBTadieh]

What an intelligent Lady, she's in a class of her own.

[KJSvitko]

Elon Musk is the Edison, Tesla or Einstein of our time.
The world will be a better place because of his genius.
He came along at the right time to give us hope that Climate Crisis can be dealt with.
His work on solar energy combined with battery storage made solar 24/7 base load power.
His work on sustainable transportation has pushed every other auto maker to go electric.

[cesarforte]

Cathie woods is that woman you respect i bet alot men in the trading business envy her! Shes smart leader!

[frapeyou]

so glad this is not on cnbc, the amount of crap that network puts out is rediculous

[reechard]

The right answer to whether we should count the incumbents out is, of course not. She’s not arguing that Tesla will build ALL the EVs. She’s arguing that they will hold onto their current market share. The issue is whether the incumbents will make any money on EVs. This is eerily similar to the smartphone market. Apple got so far out in front of the technologies involved, they were controlling the supply chain for years in advance. Sure Android manufacturers sold lots of cheap smartphones, but they made very little or, often, lost money on them because they could never get the components for less than Apple. The same will happen here. Tesla has first mover advantage of almost 8 years. It is making half of the world’s batteries. They’re building their cars in the most advanced plants in the world and are securing raw material contracts that others will struggle to match. The incumbents are having to put money into downsizing their ICE business and putting their diminishing capital into a product that they are losing money on? Some of them will survive this. Some will not. And, yes, they will make lots of EVs, just as there are lots of Android phones out there. But, if this follows the same script, the premium profitable slice will go to Tesla and they will be one of the world’s major auto makers and one of the most profitable.

[TalentedTenth]

Tesla is going to be the largest automaker in the new era. She is right

[xpkareem]

If there is a stock market crash I'm going to plug everything in to the Ark funds, I want this lady managing my investments.

[MansSuperPower]

I need to watch more of this lady. She’s teaching me a lot.

[Renould]

Cathie Wood, you are very intelligent, and, you are above the Game with Tesla. 💯💯👏🏿👏🏿👏🏿.

[libertytv]

This lady is a genius 💯 makes so much sense. Just bought more $tsla

[ericawilliams]

Can we all agree Cathie Woods gets why millineals are crazy about the future and if we are the future, any compaany that fails to cater to us will end up like Nokia and Kodak ?

[gwarlow]

I can't help but get excited trying to imagine the future that Cathie Wood (Ark Investment Management) envisions. She is such a breath of fresh air in the stuffy room full of backwards thinking stock price "analysts". Many thanks to those smart enough to invite her onto this program.

[AndrewBinning]

You nailed it!
"They have just gotten started..." "That is the problem..."

[ollieroger]

“The winner will have the most data, and the highest quality data. Tesla has 14 Billion miles of data, Waymo only 20 Million.” Looks like we have a winner!

[TofuHuman]

It’s mind boggling that just by finding the right crazy human on YouTube can make you rich! Really wish if I would have found Cathie few years back 😻

[TheEd]

Listen between 07:02 and 08:15 and set it on repeat. This matters!

[jamiek]

Her record speaks for itself. She's one of the best in the world.

[DanielsPengetips]

9:02 "They haven't really almost gotten started".. You said it yourself!

[humboldtave]

Andras hit it on the nail! "Tesla is a car company to the same degree as Amazon is a bookstore" 👍🏽 In regards to Cathie Woods well, let's just say, I could listen to her all day!