Cathie Wood Predicts Tesla Stock Will Skyrocket to $1,400 or More by 2027: Here's Why She Could Be Right
Has Cathie Wood lost her love for (NASDAQ: TSLA)? At first glance, you might think that's the case. Two of her Ark Invest exchange-traded funds (ETFs) sold shares of Tesla last month.
However, those sales merely reflected minor rebalancing moves and didn't involve a significant block of shares. The reality is that Wood remains as big of a Tesla fan as ever.
She appeared on CNBC's Fast Money program on Sept. 18 and talked about her views on Tesla. Wood predicted that Tesla stock will skyrocket to $1,400 or more by 2027. Here's why she could be right.
Source Fool.com
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