Could This Cathie Wood EV Stock Be the Next Tesla?
Wood earned her reputation being a Tesla bull when many others on Wall Street doubted the company.
Cathie Wood is the CEO and chief investment officer at ARK Investment Management. One feature that differentiates Wood from her peers in the wealth management industry is her appetite for more-speculative opportunities -- often assuming higher degrees of risk compared to blue chip stocks.
One of Wood's earliest wins was in electric vehicle (EV) company Tesla. Today, it is the largest position across Wood's collection of exchange-traded funds (ETFS), worth more than $1 billion.
She has also taken an interest in a new pocket of the EV realm: electric air taxis. Wood's top position among electric vertical take-off and landing (eVTOL) aircraft stocks is in Archer Aviation (NYSE: ACHR).
