Is This Stock Worth 2x Nvidia?

Bloomberg recently sat down with Cathie Wood from ARK Invest.

The optimistic innovation investor has been a big supporter of Elon Musk.

ARK is optimistic about Tesla’s plans for a Robotaxi.

Tesla plans to create a driverless ridesharing service – like Uber or Lyft. The big difference is that there will not be a driver.

ARK believes this creates a new $8 – $10 trillion market. And Tesla could take a 50% market share!

Tesla is expected to unveil its new Robotaxi within the next couple months.

Tesla stock has been rallying in advance of the announcement. Shares jumped from $180 in mid-June to $240 today.

If you believe Cathie Wood…

Tesla stock will be going to more than $2,000 per share.

I’m expecting more details on the Robotaxi and Tesla’s self-driving cars during Elon’s call with analysts on Tuesday.

Ian