Cathie Wood on Why Robotaxis Fuel Tesla Optimism, What Ark Is Betting on in China

Cathie Wood, the founder, CEO and chief investment officer of ARK Investment Management, maintains her bet that Tesla's stock will reach $2,600 despite concerns about economic headwinds and "noise" around Elon Musk's role in the Trump administration. She also talks about EV competition with BYD, investment opportunities in China and how investors are seeing a more deregulated environment in the US. Wood speaks exclusively to David Ingles on the sidelines of the HSBC Global Investment Summit in Hong Kong. 00:00:00 - Bullish outlook on Tesla stock 00:01:28 - Why robotaxis could represent 90% of company's value in five years 00:02:35 - Elon Musk's role in Trump's government 00:04:03 - AI and new tech reshaping the workforce 00:04:44 - BYD vs Tesla 00:06:23 - China market's importance to Tesla 00:07:28 - Ark "nibbling on" Baidu 00:08:44 - Investment opportunities in China and "DeepSeek moment" 00:09:54 - Open-source software movement 00:10:46 - Why a US and China tech bull market can coexist 00:12:13 - Outlook for the S&P 500 and US economy -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts