Autonomous Vehicle

Robotaxis to generate $8 to $10 trillion by 2030

Ark Invest founder Cathie Wood in 2018, had said Tesla would reach $4,000, and by 2021, the EV maker had remarkably done just that. She also said earlier this year that Bitcoin would soar. The cryptocurrency has hovered around $30,000 for months.

She is now exceptionally bullish on the market for robotaxis. These autonomous vehicles are starting to take over San Francisco and other cities. Wood thinks that robotaxis globally will generate $8 trillion to $10 trillion in revenue by 2030, and she envisions Tesla as the leader in that market.

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