"Sister Wood" believes that Tesla's stock price will reach nearly 10 times its current value, and she is even more optimistic about China

"Cathie Wood" of Ark Investment Management LLC still holds a bullish view on Tesla (TSLA.O), predicting that the stock will reach $2,600 within five years, nearly 10 times its current level. By then, Tesla's robot taxis will account for 90% of its value. Ark has not even included Tesla's achievements in humanoid robots in the stock price forecast. The price of Tesla shares is expected to reach $2,600 within five years, almost ten times the current level. Meanwhile, Wood's company is more optimistic about China. On Monday, Ark Investment bought stocks listed in the United States by Baidu and raised its previously maintained minimum position in China.