ARK sees Tesla Cybercab scaling ride-hailing market up to 60x
ARK Investment Management said Tesla’s Cybercab could expand the ride-hailing market by as much as 60x. Analyst Gary Black countered that Uber’s reach and platform advantage will help it win robotaxi.
Cathie Wood’s ARK Investment Management sees Tesla, Inc.'s (TSLA) Cybercab expanding the ride-hailing market by as much as 60x, but analyst Gary Black argues that Uber’s reach and platform advantage will allow it to win the robotaxi race.TSLA stock fell 3% on Tuesday, ending the session lower at $3…