Tesla is once again attracting mainstream attention as the TSLA gains momentum in the emerging AI domain. Elon Musk, the CEO of Tesla, is leaving no stone unturned to help materialize his vision for the company to be the perfect automaker and innovator, merging the aforementioned domain with artificial intelligence. From robotaxis to the Samsung chip deal, Tesla stock may finally reach the high that it has been waiting for for so long. In the middle of this, Ark Invest’s Cathie Wood has also come up with a new prediction, stating how Tesla is busy forging the future.
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Cathie Wood on Tesla
In a recent interview snippet, Cathie Wood, the CEO of Ark Invest, was noted singing praises for Tesla. Wood shared how she believes Tesla is the biggest winner leading the AI race, as it continues to build more on the idea of automated cars.
Wood shared how autonomous taxi networks are the next trillion-dollar industry to bank, estimating Tesla to hit $8-$10 trillion in terms of revenue in the next 5 to 10 years.
“We believe that the entire ecosystem associated with autonomous taxi networks is going to be worth $8-10 trillion in terms of revenue generation in the next 5-10 years. To put that in context, the entire GDP of the world today is $113 trillion. So $10 trillion is going to move the needle.”
Cathie Wood says Tesla is largest AI Project on Earth.
— Nic Cruz Patane (@niccruzpatane) August 3, 2025
“We believe that the entire ecosystem associated with autonomous taxi networks is going to worth $8-10 Trillion in terms of revenue generation in the next 5-10 years. To put that in context, the entire GDP of the world… pic.twitter.com/EhMonzpCWR
In addition to this, Wood’s interview snippet was later reposted by Elon Musk on X. Musk has long been predicting how the autonomous vehicle industry could be a game-changing narrative for the world to bank on.
Tesla Stock Analysis
According to TipRanks, Tesla may surge to hit a new high of $500 in the next few months.
“The average price target for Tesla is 310.84. This is based on 37 Wall Street analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $500.00, and the lowest forecast is $19.05. The average price target represents a 2.71% increase from the current price of $302.63.”
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