Cathie Wood Says $3,000 Is Ark's Base Case for Tesla Shares

Ark investment Management CEO Cathie Wood discusses her views on Tesla with Bloomberg's Carol Massar at the Milken Institute's 2021 Global Investment Conference in Beverly Hills, Caliifornia. (Source: Bloomberg)

[KacieLehman]

One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.

[DoctorJack]

Imagine having your Tesla EV drive u autonomously home and it’s insured by Tesla with low insurance rates. You charge it with a Tesla charger that charges from the Tesla powerwall that is getting charged from Tesla solar on your home. It all runs on Tesla autobidder and makes you money by selling the energy u do not need. This powers your Tesla HVAC system, Tesla lawnmower, leaf blower, etc. that your Tesla bot operates around your home getting chores done. Tesla is like Apple in that you suddenly found your home surrounded by their product but it’s on a much larger, more disruptive scale

[okanaganteslaguy]

In other words, Tesla will be ARK’S key stock for years to come and Cathy will take profits when her portfolios become over-waited as Tesla stock prices increase!

[dassa]

This will make the Dot Com Bubble look like a Sunday School Picnic.

[theMoney]

Wow, a battery powering a car. I think this idea was proof of concept in toys many decades ago.

[samsonsoturian]

As WSB would say: Puts on her portfolio.

[atun]

and Love all the haters. it means her strategies will work

[deepthisdeepthis]

15% over five years return on investment is a disruptive, game changer type of stock for Ark?

i just checked and over the past 10 years i've averaged, AVERAGED!, 14% on my FSCSX Fidelity mutual fund.

[glennalexon]

Wood is like one of those get-rich-quick investors who can run her business from a laptop in ten minutes a day; freeing up most of her time to appear in the media and dream up bizarre theories.

[whattsapme]

Investing in bitcoin is the best investment anyone can do this seasons, because bitcoin investment made a lot of people millionaires

[norrinjonzz]

Tesla is the only reason why woods is relevant, she's been pretty hypocritical on the rest of her portfolio this year and even exposes her ignorance on some of her actions

[StocktonMush]

One hit wonder in the 2020 stimulus bubble, let's see how much inflation burries her portfolio now

[grimx]

I’m invested in Tesla but dam Cathie is just hyping Tesla way too much. Lady if you think Tesla stock is gonna grow that much then stop selling your position.

[selenaparker]

NICE VIDEO !!! Very engaging from the beginning to the END.Nevertheless business and investment are the best way to make money irrespective of the pandemic 😷

[lorenzmuller]

No thanks. No "portfolio management" and no cult stocks.

[jasonsharon]

Nice video, was quite engaging right from the start to the very end, indeed its a good time to invest in crypto.

[okanaganteslaguy]

In other words, ARK invest will keep Tesla as their highest position stocks for years to come and sell Tesla stocks and take profit as her portfolio becomes over weight with Tesla stock! ARK and Cathy get Tesla as a tech company that also makes EV, s!

[glennalexon]

As long as VW, Ford, BMW, Hyundai and Kia don't start making EVs, Tesla is going to rule the world.

[ChrissyOneMusic]

Gosh it sure feels a lot like 2000 all over.

[litwah]

When it breaks $1000/, then we look at $2000/. Obvious.