Tesla (TSLA) has had a rocky road in 2023 with recalls, product delays, and headline making leadership in Elon Musk. Ark Invest CEO Cathie Wood recently increased her investment in Tesla and spoke with Elon Musk on X Spaces. Wood joined Yahoo Finance to discuss her conversation as well as why she believes Tesla is still in position to be the leader in the EV space. Wood says that General Motors (GM) and Ford (F) delaying some of their EV investments was a “telltale” sign for Tesla’s potential share gains. Longer term, Wood says Tesla is “in the pole position to be the autonomous taxi platform in the United States.”

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