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Jim Chanos Drops Reality Check On Cathie Wood's ARK Robotaxi Prediction: 'Isn't That 100%…'
Yahoo Finance· 2026-05-06 23:31
Short seller James Chanos has questioned investor Cathie Wood-led investment firm ARK Invest's prediction that Robotaxis could become a $34 trillion market by 2030. A Bold Prediction Quoting a post by Ark Invest on the social media platform X on Monday, Chanos questioned Ark's approach. The investment firm shared that over 90% of the $34 trillion opportunity would be going to the "technology providers," adding that Uber Technologies Inc. was also vying to be a part of the market and was investing in all non ...