Elon Musk Agrees With Cathie Wood: Tesla Is 'Largest AI Project' On Earth Amid Robotaxi Vision, Samsung Chip Deal Buzz

Benzinga
2025.08.04 04:06
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Tesla Inc. is deemed the largest AI project globally by ARK Invest's Cathie Wood, who forecasts its autonomous vehicle initiatives could yield trillions in revenue. Elon Musk supports this view, stating autonomous vehicles will significantly impact GDP soon. Tesla's partnership with Samsung for a $16.5 billion AI6 chip aims to enhance its autonomous systems. Despite a 12% revenue drop in Q2, analysts remain optimistic about Tesla's long-term AI potential, with estimates suggesting its AI division could be worth $1 trillion.