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Tesla's Most Optimistic Backer Doubles Down

Video Credit: Wochit Business - Duration: 00:51s - Published < > Embed
Tesla's Most Optimistic Backer Doubles Down

Tesla's Most Optimistic Backer Doubles Down

Tesla may be losing the confidence of most of Wall Street, but an investment firm long known for its bullish view on the stock is doubling down on the electric-car maker's future.

Business Insider reports that Ark Invest, the New York investment manager founded by chief executive and chief investment officer Cathie Wood, has a wildly bullish $6,000 price target over the next five years, which is way out of whack with the rest of Wall Street.

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Tesla's Most Optimistic Backer Doubles Down

PHOTOGRAPH TAKEN SUNDAY, JULY 8, 2018 THURSDAY, MARCH 14, 2019 FILE PHOTO WEDNESDAY, AUG.

8, 2018, FILE PHOTO A SEPT.

30, 2016, FILE PHOTO




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