Why Cathie Wood’s Ark sees Tesla inching toward transforming personal car from a ‘stranded asset’ into a ‘revenue generating machine’
Cathie Wood-led Ark Invest said on Monday that Tesla Inc’s (NASDAQ: TSLA) latest move to allow car sharing on its mobile app brings its user one step closer towards monetizing their electric car and transforming it from a “stranded asset” into a “revenue generating machine.”