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Ep. 75: Catherine Wood: Tesla Leads These Tech Stocks Surging Higher As Innovations Accelerate

Investing With IBD

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Tesla's Autonomous Taxi Network

Tesla could hire these people, make them full time employees because the total cost of ownership for a Model 3 today is about 30% less than a Toyota Camry. Tesla will say to a person, join us and for $5,000 down or $7,000, well, we'll let you buy a Model 3, you can work the rest of the price off. And then what does that do? They're going to be delivering real miles data, real miles traveled to Tesla to feed its autonomous network. So we think even in China, Tesla might have more of a shot at the autonomous opportunity than we expected.

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