Tesla's biggest bull: Wall Street skepticism is 'the best wall of worry' I've experienced
So what's in the video? Let's find out: Shares of Tesla have risen about 90% year to date. Cathie Wood, CEO of ARK Invest, has a $7,000 price target on Tesla and is the biggest bull on Wall Street. She joins "Squawk Box" to discuss. Ark Invest CEO and Tesla bull Cathie Wood said Tuesday that she wasn’t concerned over Wall Street skepticism about the electric-auto maker, saying demand from China and falling battery costs would drive the stock higher. Wood said earlier this month that she believed the stock could hit $7,000 per share during the next five years. The name has risen about 100% so far this year, peaking at more than $960 per share. Tesla’s rapid rise has left Wall Street analysts wary, with many setting price targets below where the shares currently trade. According to FactSet, 45% of analysts have a sell rating, but Wood said the skepticism doesn’t change her opinion of the company. “What we have here is a wonderful wall of worry. The best wall of worry I’