The bigger picture for Tesla

Livewire Exclusive

Livewire Markets

Tesla shares have bounced back toward all-time highs to put them up 17-fold over eight years. While debate rages over the balance sheet and the delivery of the Model 3, Catherine Wood, CEO and CIO at ARK Investment Management (ARK), calls these a “this year issue”, and sees a significantly bigger opportunity ahead. 

Key points

  • Discussions centred on production ramp up may be short sighted. Cash burn issues are a ‘This year issue’.
  • The far bigger picture over the next 5-10 years for Tesla is the opportunity to positioning itself as a global leader in autonomous taxi networks and truck platoons. 
  • Autonomous taxi networks, where the car is electric and driverless, will see the cost to travel a mile fall by 90% compared to a traditional cab. 

Further insights

Nikko AM Australia is pleased to bring the ARK Investment Management strategies and capabilities to Australia. Click here to find out more 

ARK Investment Management is a Nikko Asset Management strategic partner. This material is issued in Australia by Nikko AM Limited ABN 99 003 376 252, AFSL 237563.

2 contributors mentioned

Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.