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

Bloomberg Businessweek

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Tessla Tesse Is a Fang.

Elon musk and tela, so there is a point that you would get out. You've put a mark on the stock price. I think it's becoming very obvious now that electric vehicles are taking massive share from traditional gas powered vehicles. So our minimum hurtle rate of return expectation for a stock is 15 % at an annual annualized rate over five years. A tessla is about nearly a quadrupling over five years - well within our range.

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