Jim Cramer weighs in on Cathie Wood's $3,000 price target for Tesla

Cathie Wood’s Ark Invest just made a long-awaited, striking call on Tesla that projects shares of the Elon Musk-led electric carmaker more than quadrupling by 2025. CNBC's Jim Cramer and David Faber discuss. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

Shares of Elon Musk’s electric car maker popped 5.5% in midday trading amid a decline in interest rates and after Cathie Wood’s Ark Invest put out a new price target on the stock which calls for it to quadruple in four years. Ark Invest, an active manager of exchange-traded funds and a longtime Tesla fan, said it expects the stock to be worth $3,000 in 2025, up from about $690 Monday morning.

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Видео Jim Cramer weighs in on Cathie Wood's $3,000 price target for Tesla канала CNBC Television