It's About to Be Put-Up-or-Shut-Up Time for Cathie Wood's Bullish View of Tesla

Group 1: Cathie Wood's Tesla Projections - Cathie Wood believes Tesla's share price could increase approximately 9 times by 2029, with a more bullish case suggesting an 11 times increase [4] - Ark Invest projects Tesla's EV sales will rise from around 1.8 million in 2024 to 14.4 million in 2029, with nearly 90% of earnings expected to come from autonomous ride-hailing services (robotaxis) within four years [2][3] - Wood anticipates Tesla will initially operate its own robotaxi fleet, transitioning to a model where third-party companies manage the networks, generating recurring revenue for Tesla [3] Group 2: Robotaxi Launch and Competition - Tesla is set to launch its robotaxi service in Austin in June, with plans to expand to other U.S. cities by the end of the year [5][6] - Competitors like Waymo, Uber, and Lyft are already active in the robotaxi market, with Waymo operating in multiple cities [5][6] - Musk argues that Tesla's focus on North American manufacturing and lower production costs will provide a competitive edge against rivals like Waymo [6][8] Group 3: Current Challenges for Tesla - Tesla's stock has decreased by approximately 30% this year, and the company reported a 9% year-over-year revenue decline in Q1, missing analysts' estimates [7] - The company faces uncertainty due to tariffs, although Musk believes Tesla's localized manufacturing will mitigate some risks associated with geopolitical factors [7][8]