Was Cathie Wood Right About Tesla (TSLA)?

We recently published Top 10 Analyst Calls on Trending Stocks You Shouldn’t Miss. Tesla, Inc. (NASDAQ:TSLA) is one of the major analyst calls. During a CNBC interview on May 9, Ark Invest CEO Cathie Wood reiterated her $2,600 price target on Tesla and justified her case for the EV company. The stock was trading at $298 at the time. “Our target in 5 years of 2030 again is $2,600, and our confidence in that number has gone up now that Tesla is commercializing robo taxis in August, in June. What we don’t ha ...