ARK Invest founder Cathie Wood recently took her first ride in a Tesla Robotaxi in Austin, Texas, describing the experience as "seamless" and "very natural". The test drive marks a significant moment for Wood, who has been predicting the rise of autonomous driving for over a decade.
The Ride
Wood reported that the Robotaxi navigated Austin's traffic without human intervention. She praised the vehicle's smooth acceleration and anticipatory braking. "It felt like an experienced driver was at the wheel," she said.
Impact on Tesla Stock
Wood's positive assessment comes at a critical time as Tesla pushes forward with the planned launch of its Robotaxi service in Austin. Tesla Reveals Next Robotaxi Strategy shows how the company plans to scale the service. Analysts expect successful tests could boost investor confidence.
Comparison: Robotaxi vs. Traditional FSD
Future Outlook
Wood believes autonomous taxis could drastically reduce transportation costs and drive Tesla's valuation up to $5 trillion. Biggest Tesla Moments 2025 (2/3): Robotaxi Service Launches in Austin, FSD Supervision Dropped shows how close the reality already is.