The Zhitong Finance App learned that despite recent sharp fluctuations in Tesla (TSLA.US) stock prices, Cathie Wood (Cathie Wood, Sister Mu), founder of ARK Invest and known as the “Wall Street Goddess”, is still optimistic about the company. She said that Tesla's robotaxi (Robotaxi) business is gradually fulfilling expectations; the market is currently still focusing on Musk's many companies and is concerned about the political and regulatory uncertainty they face.
Last Friday, in an interview at the UP.Summit summit held at the Kennedy Space Center, Wood said that Ark continued to increase positions on Tesla and SpaceX (SPCX.US) during this round of pullback, increasing the two heavy targets she is most firm and optimistic about.
Tesla closed up more than 4% on Friday, and SpaceX shares surged nearly 9%. However, Tesla has dropped 20% so far this year, and SpaceX has fallen 0.5%; in contrast, the S&P 500 index rose more than 7% during the year, while the NASDAQ 100 index rose nearly 7%.
Wood says Tesla Robotaxi has reached “escape speed”
Wood said that ARK is taking advantage of Tesla and SpaceX's stock price correction to further increase its positions in the two companies rather than cut its holdings and leave the market.
“We disclose transaction records every day, and everyone can see that we are always buying,” she said.
Wood added that Tesla and SpaceX are ARK's core positions, and the market pullback just happened to be an opportunity to focus on long-term potential targets.
“If anything has changed, it's that Robotaxi has broken the speed of escape, making consumers very happy. This is the moment we've been waiting for, so we're not worried about that,” Wood said. This optimistic statement occurred against the backdrop of Tesla's sharp drop of more than 10% in a week.
Wood acknowledged that Musk may face various kinds of interference at the political level, including risks such as being summoned to testify, but she believes that Musk's ability to trade multiple lines is irreplaceable.
“I've never seen a master like him who can clearly separate matters and proceed in an orderly manner.”
Wood also mentioned that SpaceX's layout has long gone beyond rocket launches, and the idea of an in-orbit data center is becoming more and more realistic.
She believes that terrestrial data centers face many pain points, and the attractiveness of space infrastructure has increased; moreover, in addition to solar energy, these in-orbit computing power facilities can also be powered by nuclear energy.
“I think the importance of space data centers may now far exceed many people's expectations.”
Talking about Anthropic's potential IPO: the financial data is amazing
In addition to Tesla and SpaceX, Wood also commented on Anthropic's listing plans. She believes that the current turmoil in the AI sector may affect the company's final listing valuation.
According to market rumors, Anthropic's target valuation range is 1.5 trillion to 2 trillion US dollars. Wood judges that the current environment is likely to cause the valuation to fall to the lower end of the range.
However, she believes that the market should pay more attention to the company's outstanding financial performance.
“If you look at the S-1 prospectus submitted by Anthropic, you can see that the data is quite amazing,” Wood said.
She highlighted the high increase in the company's revenue, and more importantly, that it has already achieved operating profits. According to Wood, Anthropic uses about 75% of its computing power resources for model training — an extremely expensive expense, and even so, the company remains profitable.
“A lot of people haven't realized how shocking this is.”
Wood also linked AI's profit potential to a large-scale productivity boom: the latest US economic data shows that labor productivity is growing at an annual rate of 3.7%, and unit labor costs are falling by 0.7%.
In her opinion, this may mark the official start of the productivity revolution that ARK has long been betting on, and future workers will also be able to share this round of growth dividends.