Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

Cathie Wood doesn't believe Tesla's future rests on selling passenger electric vehicles. Cathie Wood is the head of Ark Investment Management, which operates several exchange-traded funds (ETFs) focused on innovative technology companies. Tesla (TSLA 3.34%) stock is one of the top positions across Ark's portfolios, and Wood calls it the biggest artificial intelligence (AI) opportunity in the world thanks to the company's full self-driving (FSD) software. Tesla currently generates around 79% of its revenue b ...