Business > Market

Cathie Wood thinks Tesla's recent slide is just a 'blip' toward the EV's maker stock climb to $3,000, report says

15 days ago   |   By Business Insider

Cathie Wood and Elon Musk.
Cindy Ord and Picture Alliance
Cathie Wood voiced support for Tesla shares following a recent selloff, according to a Bloomberg report.
Tesla's stock price tumbled following Elon Musk's Twitter poll asking if he should sell shares in the EV maker.
The slide "is nothing but a blip," said Wood, whose company set a 2025 price target of $3,000 on Tesla.
Star stockpicker Cathie Wood remained a proponent of Tesla stock in the face of the EV maker's recent rout, according to a Bloomberg report. Tesla's stock price dropped 20% through Wednesday's session from last...
Read more ...

 


Search by Tags

   Market      Markets      MI Exclusive      Tesla      Tesla stock      Tsla stock price      Cathie Wood and Tesla      Cathie wood etf  


Here's a look back at a month of tweets from the world's richest man and...

Elon Musk, Tesla CEO Patrick Pleul/picture alliance via Getty Images Elon Musk has accomplished many things, from co-founding Tesla to starting SpaceX. But there is also one... Read more ...

Booster Rollout for Nursing Homes Is Sluggish

Thousands of new cases have been reported among vulnerable elderly residents in the last several months, as the virulent Delta variant fuels outbreaks. Read more ...

The US is getting another startup airline, California-based Airbahn

Airbahn first Airbus A320. Airbahn California-based startup Airbahn received its first Airbus A320 aircraft on Wednesday. The company has teased its launch on social media for... Read more ...

A hotel made out of shipping containers has opened in Colorado ahead of...

The Pad hotel and hostel in Silverthorne, Colorado. The Pad The Pad, a hotel and hostel in Colorado, has opened ahead of the winter skiing season. The Pad is made out of 18... Read more ...

See inside the civilian version of a popular military aircraft that's a...

A Leonardo AW609 tiltrotor at Dubai Airshow 2021. Thomas Pallini/Insider Leonardo's AW609 can take off and land like a helicopter and fly like an airplane. Tiltrotor technology... Read more ...

The overlooked public health issue that could make or break Biden's new drug...

The overlooked public health issue that could make or break Biden's new drug regulator

The next head of the Food and Drug Administration takes over an agency that studiously avoided answering one of the most pressing public health questions for over a decade: how... Read more ...

Why mental health and social services are as crucial as physical shelter to...

A man walks past tents housing the homeless on the streets in the Skid Row community of Los Angeles, California. Frederic J. Brown/AFP via Getty Images Paul Constant is a... Read more ...

A man on a lockdown stroll across English farmland discovered an...

Aerial view of the excavations of a large Roman mosaic in Rutland, England. Historic England Archive A man taking a lockdown walk on his father's farm stumbled across a rare... Read more ...

Our Favorite Local Shops for Small Business Saturday

Today-and every day-support stores in your community. Here are our hometown favorites we think you'll like, too. Read more ...

The market's Black Friday freakout about the new variant shows how a...

Stan Honda/AFP/Getty Images Stocks plummeted on Friday as investors braced for the Omicron variant fueling a new round of lockdowns. In one day, the market challenged the idea... Read more ...