Tesla faces a violent reaction to the policy of the CEO of Elon Musk, Cathy Wood investors have long said that decrease in sales may be part of the broader economic concerns. A series of opposite winds in the automotive industry are hit while Musk's political participation raises widespread protests. Despite these struggles, the company's future remains: a new EV model at reasonable prices and promised self -driving car technology. Katie Wood, CEO of ARK Invest, believes that part of the last Tesla may be due to broader fears about the economy. "Now, it is clear that political dynamics in the past few months reach the demand. We also suggest that economic expectations reach the demand - not only for Tesla - but for all car manufacturers," Wood said in a video posted on the Ark Invest on March 14. She added that it was difficult to analyze what was harmful to the sales of Tesla. "It will be difficult to distinguish the amount of successful demand due to a political attack and the amount of the economy," Wood said. In recent weeks, Tesla and cars agents have been sabotaged in different parts of the country. Earlier this month in the Tesla showroom in New York City, it became a hot peaceful protest, which led to the arrest of nine people. Throughout the country, other people were arrested for sabotaging Tesla sites. The market share in Tesla in Europe has achieved great success, as some people who disagree with Musk policy stopped buying his company's cars. In China, one of the largest markets of Tesla, the company faces intense competition from local competitors. Here in the United States, drivers are said to have been circulating in records at record rates over the past two months. At the same time, the broader car industry stumbles. Nissan recorded 9,000 employees in December, and closed Volkswagen factories in her country of origin in Germany. In the United States, the three adult-Ford, General Motors, and Stelantis-Stelantis-Stelantis-when EV sales slowed down, after spending billions of dollars in diversification away from gas-powered cars. Now these companies must calculate the new Trump -comprehensive tariff policy account, which can reach heavy heavy car business in particular. Through the broader economy, consumer confidence has decreased since the beginning of the year, which is now sitting throughout the year. In addition, the main banks have increased the risk of stagnation. Despite the challenges facing Tesla and the possibility of economic shrinkage, Wood remains very optimistic about Tesla. In an interview with Bloomberg on Monday, Wood said she expected Tesla to reach 2600 dollars in five years. This will be about 10 times the price of its current share of $ 275.93. She did not respond to Tesla and Ark Invest luckRequest to comment. From Wood's point of view, Tesla's horizons depend on launching its new low -price model and on the technology of self -driving. Tesla and Musk promoted EV cheaper in a range of $ 25,000 for several years. In January, Tesla told investors that she should expect the model in the first half of this year. In the past, though, similar plans have been canceled, and the investor reduces this time. However, if Tesla will really develop a self -governing car, you will find itself less dependent on car sales, and instead it turns into software works. A lot of Wood's thesis depends on the idea that-or in her mind, when Tesla finally releases a self-driving car, it will immediately create a fleet of robots of millions of signs on the road already. "The same origin is already without a change in the additional cost, just a software update, [will] "It now has five times or more of its currently I. To date, self -driving systems in Tesla cannot completely lead without human supervision. But the company has long been a priority. "The autonomous taxi networks are the largest Amnesty International project in the world," Wood said. "Elon himself focuses on any bottle neck, anything that hinders progress or slows down Tesla." This story was originally shown on Fortune.com 2025-03-25 17:02:00
