Tesla Will Be the Next Amazon – Unless it Gets Acquired by Apple First
Tesla will be the next Amazon. Moreover, its stock price will rocket 1,200% over the next five years to top $4,000 a share. That’s the exuberant prediction of TSLA shareholder Cathie Wood, the CEO of ARK Invest.
Wood says the business community is often puzzled by the mercurial personality of Tesla CEO Elon Musk, but she says that should not be an issue. Wood says it’s just a matter of getting used to Musk’s sometimes flighty demeanor, which she does not find problematic.
“Everybody is beginning to adjust for Musk,” Wood told CNBC. “Having been a portfolio manager for many years, I know how to adjust to what different CEOs say, given their personalities and their aspirations.”
As CCN reported, Wood did a podcast with Elon Musk this week, during which the South African billionaire praised bitcoin.
Read the full story on CCN.com.
