저자: KathyWood · 외국인
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결론: 캐시 우드는 하락 국면의 테슬라를 추가 매수하며 장기적으로 매우 강세이며, 2026년 주가 1,500달러·기업가치 3조~5조 달러를 제시한다. 발언 배경: ARK Innovation ETF가 테슬라 66,190주를 추가 매수했으며, 이는 이번 달 두 번째 매수다. 테슬라는 ARK 펀드의 최대 보유 종목이며 올해 약 55% 하락한 상태다. 실적 평가: 3분기 매출은 전년 대비 56% 성장, 순이익은 두 배 이상 증가했다. 다만 자동차 매출총이익률은 258bp 하락했고 전분기 대비로는 27.9%로 유지됐다. 인도 이슈: 연간 차량 인도 50% 성장 목표는 미달이 예상되나 생산 목표는 달성될 것으로 보며, 차이는 물류 병목 때문이라고 설명한다. 목표가: 우드는 2026년 주가 1,500달러 이상을 전망하며, 현재 주가는 그 가치의 20%도 안 된다고 본다. 머스크 발언: 머스크는 테슬라 시총이 애플과 사우디 아람코 합산보다 클 수 있다고 주장했다(약 5조 달러 수준으로 해석됨). 사업 전망: 세미트럭은 12월 1일 펩시에 첫 인도, 사이버트럭은 내년 인도, 저가형 EV 출시 예정이다. 에너지 부문 매출은 3분기 전체의 5%였고 저장장치 배치는 62% 증가했다. 수요 관점: 올여름 미국 휘발유 수요가 1997년 이후 최저 수준으로 떨어졌으며 이는 EV 전환에 따른 수요 파괴라고 본다. 우드는 5~10년 내 내연기관차가 쓸모없어질 것으로 예상한다. 리스크: 테슬라 제품 라인업이 제한적이고 업데이트가 늦다는 비판이 있다. 경기 침체 우려도 존재하며, 주가수익비율(PER)은 약 60배로 높은 편이다. 장기 전략: 우드는 테슬라를 로봇·에너지 저장·AI 기업으로 보며, 장기 투자자에게 현 가격대 매수를 권한다.
다듬은 글
did you know that star investor Kathy Wood is once again buying a lot of Tesla shares wood has always been vocal about her bullishness and Tesla which is why this move did not come as much of a surprise to her followers you probably would not want to miss this Kathy Wood founder CEO and CIO of Arc invest remained strongly bullish on Tesla even though the Electric Vehicle Manufacturer has lowered its outlook for deliveries this year in fact wood bought more Tesla shares as the stock tumbled after the company reported what experts perceive as lackluster third quarter sales and said it will miss broad annual growth targets for the year Woods Flagship fund Arc Innovation ETF bought 66 190 shares in Elon musk's company making her firm's second purchase in the EV maker this month the fund bought a tranche after Tesla reported a missing deliveries in early October when Tesla announced its delivery and production numbers through a press release basically wood bought another 66 190 shares of the EV company on top of the over 132 000 she bought earlier this month Tesla is the largest holding in her Flagship Arc Innovation ETF that's down more than 55 percent for the year Wood's latest buy came some analysts focused on the Management's admission during the recent Q3 earnings call that it expects to come up short of the 50 growth goal for 2022 vehicle deliveries versus last year still Tesla projects it will meet that goal for vehicle production the difference will be due to shipping bottlenecks the company has been experiencing in Q3 Tesla produced 22 000 more Vehicles than it delivered due to those Logistics issues but those cars have buyers and aren't just going to inventory whether customers take ownership in one quarterly period versus another shouldn't matter to long-term investors and it's not just production that is growing at a fast rate total revenue grew 56 percent year over year in Q3 and net income more than doubled another point of concern for some investors is how Tesla's profit margins will hold up as competitors start to enter the market on mass Automotive gross margin dropped 258 basis points year over year that's not overly surprising as supply chain constraints and Rising material and labor costs increase expenses for companies in the automotive sector however Tesla's Automotive gross margin held steady at 27.9 percent versus the prior quarter that implies that the company is making up for added expenses although Tesla has raised prices on its products investors should take it as a good sign that those price hikes are helping and are also not sapping demand for the long term there aren't many who are as bullish on Tesla as Kathy would she expects the stock to be worth more than fifteen hundred dollars by 2026.
currently it's trading not even at 20 percent of that valuation nonetheless that aggressive price objective does sound in tune with one other prominent name and that's Elon Musk himself in fact on the recent earning skull Tesla CEO Elon Musk made a rather bold statement that his company could be worth more than Apple Inc and Saudi aramco combined for reference Apple's market cap is around 2.3 trillion dollars while Saudi aramcos is around 2 trillion dollars that means Tesla CEO Elon Musk sees Tesla to be worth around 5 trillion dollars simply put Kathy Wood remains more bullish than ever on Tesla stock wood who is a huge proponent of innovation continuously shows her support for Tesla and its forthcoming Innovative projects wood has made a name for herself by investing in disruptive innovation stocks implementing an iterative process that combines top-down and bottom-up research Arc investment seeks to invest in companies that may benefit from cross-section Innovations like artificial intelligence robotics energy storage DNA sequencing and blockchain Technology Tesla fits the bill as the company has disrupted the automotive space with its innovative EVs and self-driving technology wood has long been a fan of the company which she said in her third quarter letter was a top performer she also discussed how companies focused on disruptive innovation have the potential to surprise the upside with considerable exponential growth trajectories traditional autoanalysts Dean Teslas doomed to failure they did not understand that Tesla was a robotics energy storage and artificial intelligence company not an auto company wood wrote however Tesla critics pointed out that the company has a limited product lineup that hasn't been updated for years still the electric semi truck will begin deliveries on December 1st to its first customer PepsiCo and Tesla CEO Elon Musk himself said that he will personally be there the much-anticipated Cyber truck is also on the final lap according to CEO Elon Musk and should begin deliveries next year also Tesla is expected to introduce a lower priced EV soon that will expand its product line of passenger vehicles too musk also told investors the company is working as quickly as possible to increase battery production capacity its energy division also includes battery storage and solar rooftops and has more demand than it can supply sales from that division represented five percent of total revenue in Q3 as its energy storage deployments jumped 62 percent year over year all of that should result in many years of growth coming from different places for Tesla some investors may be concerned about the current state of the economy but musk called Tesla's business recession resilient due to the global momentum transitioning to electric vehicles moreover in a recent interview with Yahoo finance Kathy Wood shared that it is interesting to see that the gasoline demand in the U.S this summer dropped to levels that have not been seen since 1997.
that's real demand destruction and it couldn't have happened we do not believe without electric vehicles at the margin taking huge shares from traditional automakers says wood that said wood believes that concerns should be directed at the traditi additional Auto industry instead of the fast emerging EV industry we think that gas powered vehicles are going to be obsolete within the next five to ten years and the traditional Auto industry has to figure out a way to migrate into electric vehicles explained would according to Wood there are a lot of Innovations in the Auto industry that put the traditional Auto industry and consequently traditional automakers In Harm's Way Wood pointed to Tesla's autonomous taxi platform as an example of such Innovative change although many put their trust in Wood's opinions others don't trust her easily however Kathy Wood has more than 40 Years of investment experience under her belt but became better known on a wider scale in 2020 her Arc Innovation fund returned almost 150 percent that year catapulting her into a level of notoriety she hadn't yet experienced in the past five years the arc Innovation fund has returned about 45 percent annually these numbers have turned wood into something of a star in the investment space especially when it comes to technology and Innovation her asset management firm Arc invest is known for its bets on technology and Innovation considered disruptive arcs fund offerings include investments in robotics genomics artificial intelligence blockchain technology and clean energy wood is also known for sometimes making big claims about the future and she insists that electric vehicle maker Tesla is still an undervalued company wood predicts that Tesla will be worth 3 trillion dollars at some point Kathy Wood and therefore Arc invest focus on thematic investment strategies a thematic approach to investing focuses on overarching long-term trends rather than looking specifically at sectors and companies or chasing short-term Trends thematic investing looks for disruptors that are likely to impact what the world could evolve into mostly a thematic strategy tries to identify what could change the world even if the underlying technology isn't fully developed this explains Woods bullishness on Tesla as a result if attack technology or disruption appears to be on the verge of a breakthrough or if there are advancements in news around a specific related company there could be short-term spikes in the price of a company or a fund many of wood stock picks and what she includes in ark's funds include companies that are researching and implementing various Cutting Edge Technologies and potential Solutions including artificial intelligence DNA sequencing genomics robotics energy storage blockchain technology autonomous technology and or 3D printing many of these fit Tesla which is probably why wood is very optimistic about the company and its potential overall Kathy Wood may do a lot of buying and selling in her funds but individual investors should be looking at where the company will be years from now Tesla looks to be well positioned its valuation remains high with a trailing 12-month price to earnings ratio of around 60 but if Tesla continues to grow production and net income at these levels those long-term investors who follow Kathy Woods lead and buy at current price levels would seem to be making a good investment make sure t content
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