Cathie Wood believes autonomous taxis will cruise city streets in 2024, and electric vertical take-off and landing (eVTOL) vehicles will ferry passengers through the air by 2028.
Wood, founder and CEO of ARK Invest, also expects a Tesla electric vehicle (EV) - now over $40,000 for a bare-bones model - to cost around $15,000 in five years. The prominent, St. Petersburg-based investor made those bold claims Thursday evening at the 11th annual Florida Automated Vehicles (FAV) Summit.
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