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Ark’s Cathie Wood says Tesla could make up 25% of the auto market in five years

Wood thinks Tesla stock, which is now at $1,089, will reach $3,000 in 2025

Cathie Wood, founder, CEO, and chief investment officer of ARK Investment Management, isn’t a stranger to making bold calls on EV maker Tesla . She provided another one during a virtual interview on Wednesday with Barron’s Senior Managing Editor Lauren R. Rublin.

“If Tesla is the first to be successful in autonomous in the United States, we’re beginning to believe that not only will Tesla take that biggest share of the electric vehicle market, we believe that it could take 20% to 25% share of the total auto market in five years,” Wood said.

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