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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 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.
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 ...
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 ...
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.
Meanwhile, Wood and her fund ARK Invest have long backed Tesla and Musk. In 2023, when the stock had rebounded from drastic declines in 2022 she began harvesting returns, selling off some shares.