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Cathie Wood: Tesla shares will be trading at $2,000 by 2027

$Tesla(TSLA.US)$ By 2027, the influential investor sees Tesla shares trading at about $2,000 that would translate to a market cap of over $5.0 trillion for the electric vehicles company.
Cathie Wood: Tesla shares will be trading at $2,000 by 2027
On CNBC’s “Closing Bell: Overtime”, she dubbed it a positive today that Elon Musk is committed to sales growth.
Each unit now represents the potential for a robo-taxi. The robo-taxi service will be, from a margin point of view, more like a SaaS business. It’s very smart to maximise units because they have so much option value now.
Tesla Inc is the largest holding in Wood’s flagship Ark Innovation Fund. For the year, Tesla stock is still up about 50%.
Today, she bought: 256,023 shares of $TSLA today. $ARK Innovation ETF(ARKK.US)$
Cathie Wood: Tesla shares will be trading at $2,000 by 2027
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