ARK Invest Bets One Business Can Lift Tesla Stock to $4,400
Tesla stock is down 18.16% since January 1, but ARK Invest’s model puts it near $4,400 per share in 2031. That would be nearly 12 times its October 19 close of $368.06. ARK ties about 80% of Tesla’s 2031 enterprise value to a single business outside car sales. In its base case, ARK also sees The post ARK Invest Bets One Business Can Lift Tesla Stock to $4,400 appeared first on BeInCrypto.
Key Takeaways
- Tesla stock is down 18.16% since January 1, but ARK Invest’s model puts it near $4,400 per share in 2031.
- That would be nearly 12 times its October 19 close of $368.06.
- ARK ties about 80% of Tesla’s 2031 enterprise value to a single business outside car sales.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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