Cathie Wood Stands By Tesla's $2,600 Price Target Despite 40% Stock Drop: 'It's Winner Take Most
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Cathie Wood is standing by her price target of $2,600 for Tesla's stock, despite a recent 40% drop in value. Some outlets report that Wood's investment firm has sold a significant amount of Tesla stock, while others indicate that the firm has increased its stake in the company. The outlook for Tesla's stock price is uncertain, with some predictions suggesting a potential surge and others forecasting a much lower value.
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