ARKUSDT
Ark / Tether USD
cryptoComposite

Ok. Well without anything having been proven apart from auto labelling, it was a stretch at the very most to assume that would translate into driving control and behaviour. That’s my point in your original statement of being convinced in 2020. That was a huge leap to believe it was feasible when they didn’t even really know how they were going to do it. AI day, which is where the first real insights were gleaned wasn’t until Aug. 2021. Making an entire investment thesis just on the comments of an earnings call is a bold and possibly catastrophic move, financially. I reiterate: Cathie Wood was a beneficiary of the circumstances in which she made an under-informed investment thesis. The automotive business buoyed her fund with rockstar earnings, but her deep dive theses about autonomy were never fully informed until arguably after AI day 2 on the Fall of 2022. By that point, the lustre of ARK was gone and her ETFs tanked during COVID and failed to recover at any acceptable rate. ARKK is still down 30% from pre-COVID levels so yeah, it’s clear she sucks and never had a clue from the beginning regarding her projections and timelines.

Is Cathie Wood, she will gladly take your money at ARK invest

ARK updated their Tesla model. Expected share price value of $4,400 by 2031. Bear case $3,300 and bull case $5,000. https://www.ark-invest.com/articles/valuation-models/arks-expected-share-price-for-tesla-2031

[WTB] 2024 NOAH’s ARK GOLD