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  • 6 months ago
ARK Invest CEO Cathie Wood called Tesla the world’s most ambitious AI project, according to an interview on The Diary of a CEO podcast. Wood predicted that Tesla's autonomous taxi efforts could generate up to $10 trillion globally within a decade. Elon Musk agreed, reposting the quote on X with a simple, "True." Tesla’s long-term AI strategy continues to draw investor attention despite a 12% revenue drop in the second quarter. A new $16.5 billion deal with Samsung to produce its AI6 chip will support Tesla’s robotaxi and Optimus bot programs. Wedbush analyst Dan Ives estimates Tesla’s AI and autonomy segment could be worth $1 trillion, strengthening optimism around Musk’s bold vision.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02ARK Invest CEO Kathy Wood called Tesla the world's most ambitious AI project,
00:06according to an interview on the Diary of a CEO podcast. Wood predicted that Tesla's
00:10autonomous taxi efforts could generate up to $10 trillion globally within a decade.
00:15Elon Musk agreed, reposting the quote on X with a simple, true. Tesla's long-term AI strategy
00:20continues to draw investor attention, despite a 12% revenue drop in the second quarter.
00:24A new $16.5 billion deal with Samsung to reduce its AI6 chip will support Tesla's robo-taxi
00:31and Optimus 5 programs. Wedbush analyst Dan Ives estimates Tesla's AI and autonomy segment
00:36could be worth $1 trillion, strengthening optimism around Musk's full vision.
00:41For all things money, visit Benzinga.com.
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