Prediction: This Cathie Wood AI Stock Will Be 1 of the Top 5 Largest Companies by 2030

Tesla (NASDAQ: TSLA) has long held the attention of Cathie Wood and her team at Ark Invest, becoming its largest position. Many likely assume that its lead in the electric vehicle (EV) market or its battery advancements may drive that interest.

Although those factors play into Ark's decision to hold the stock, Tesla has also driven its interest with artificial intelligence (AI) advancements. Despite Elon Musk's calls for a temporary moratorium on AI development, Tesla has become a major player in the AI field. That edge could make it one of the world's largest companies. Here's how.

Admittedly, almost every tech company and many non-tech companies have promoted AI capabilities, and Tesla is no exception. Within the AI field, it has developed AI applications for performing repetitive tasks and modeling the real world.

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Source Fool.com