So, there is a person named Cathie Wood who believes that most of the cars on the road in 2030 will be electric vehicles (EVs). She thinks this because EVs are becoming more popular and cheaper to make. She also says that traditional car makers might have trouble keeping up with these changes, especially if companies like Tesla keep lowering their prices. Read from source...
1. The title is misleading and exaggerated: "Tesla-Bull Cathie Wood's Ark Invest Sees 95-100% Of All Vehicles On Roads As EVs By 2030, Predicts A 'Death Spiral' For Legacy Automakers". The title suggests that Wood and her firm have a specific prediction of the exact percentage of EV adoption and the fate of traditional carmakers, which is not true. They are making an assumption based on trends and potential disruptions, but they cannot be certain about the outcomes. A more accurate and less sensationalist title would be something like "Ark Invest Sees Rapid Growth Of EVs And Challenges For Traditional Automakers".
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