"Twitter in our opinion was a distraction for Musk," Ives wrote, adding that he thought Musk would remain CEO of Tesla for "at least for the next 5 years." Another Tesla bull, Ark Invest's Cathie Wood, said she expects Tesla's stock to rally 1,030% to $2,000 by 2027, which she hopes to come from the company's future robo-taxi business. During Tesla's shareholder meeting this year, Musk praised Wood's valuation model as the best analysis of robo taxis.