Tesla (TSLA) might not need its visionary founder and CEO Elon Musk to charge ahead, according to at least one analyst.

“Even if Elon Musk were to disappear tomorrow … Tesla is set up to run away,” Tasha Keeney of ARK Invest said on Yahoo finance’s Final Round on Monday (video above). “They’ve reached that take-off point.”

For some investors, Tesla’s future came into question last week after Musk was hit with an SEC lawsuit alleging he’d defraud investors. The SEC’s allegations related to statements Musk made on Twitter and on his company website in August claiming that he had “funding secured” to bring Tesla private at a price of $420 per share. The suit sought to remove Musk as chairman and CEO of the company.

The charges were settled Saturday, with Tesla and Musk agreeing to pay $20 million each to regulators. Musk was removed as chairman for at least three years, but is permitted to stay on as CEO. The stock surged on Monday, ending the day up more than 17%.

‘Tesla has this amazing market share position’

Keeney argued that Tesla even without Musk, the electric car-maker would still be “three years ahead” of competitors on battery production, autonomous hardware, and autonomous data.

“Tesla has this amazing market share position,” Keeney said. “We just want them to scale, and we want them to launch fully autonomous capability and build out the Tesla autonomous network.”

ARK Invest has been a longtime Tesla bull: Two of its funds include TSLA as its top holding. The company’s Chief Investment Officer Cathie Wood sent a letter to Musk in August after he’d proposed taking the company private requesting that he keep Tesla a public company. ARK Invest at the time had Tesla valued “somewhere between $700 and $4,000 per share in five years,” or as much as nearly 10 times more than Musk had priced his shares for a private Tesla. The upper end of the price target assumed that Tesla would grow from a hardware manufacturer to a Mobility-as-a-Service business with wider margins and robust autonomous networks.

‘Sustainably profitable’

ARK Invest’s optimism diverges from the sentiment many other investors, who have largely been skittish on the stock in light of the controversy Musk has stirred up in public statements and Tesla’s inconsistency in meeting production deadlines. Tesla currently is rated as having nine buys, 10 holds and 14 sells, according to data compiled by Bloomberg.

Citigroup analysts on Friday downgraded Tesla’s stock to “sell” from “neutral,” adding that if Musk were to depart, “it would likely cause harm to Tesla’s brand, stakeholder confidence, and fundraising.”