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But Tesla ultimately made it through that dark time, and Wood’s seemingly wild prediction came true, with Tesla shares hitting the split-adjusted $4,000 equivalent in January 2021.
The same day, Cathie Wood, chief of Ark Invest, appeared on CNBC to champion her firm's new, breathtakingly bold, projections for Tesla's stock price. Wood posited that the EV leader's shares ...
But here's the upshot: Cathie Wood's Ark Investment Management thinks Tesla stock could soar 530% to reach $2,600 by 2029 if the Cybercab and FSD are successful, so the payoff could be substantial ...
The average 12-month stock price prediction for Tesla is $215.52, which slightly higher than its current price. Analysts don't agree on whether Tesla stock will go up or down in the short term ...
Image source: Tesla. Tesla's core business is facing headwinds. Tesla delivered a record 1.8 million vehicles in 2023, a 38% increase from the prior year.
This bull case scenario would see Tesla stock hit $2,400 per share and the company's market cap approach $8 trillion. Tesla shares closed Monday's trading session at $162.55, giving the company a ...
Tesla's electric vehicle business is shrinking, but Cathie Wood and Ark Investment Management are bullish on the company's other opportunities. 1 Unstoppable Stock That Could Soar 1,110% by 2029 ...
Throughout the month of October, Wood was taking Tesla profits and reinvesting in its megacap tech cohort, Amazon. Between Oct. 8 and Nov. 7, Ark Invest scooped up over 395,000 shares of Amazon.