Possible intro: Tesla (TSLA) stock has been on a wild ride, soaring more than 800% in the past year and making millionaires out of many early investors. However, some experts believe that the best may be yet to come for the electric vehicle (EV) pioneer. Two of the most bullish voices on Tesla’s future are Elon Musk, the company’s CEO and largest individual shareholder, and Cathie Wood, the founder and CEO of Ark Invest, a leading investment firm focused on disruptive innovation. Both Musk and Wood have recently made bold predictions about where Tesla’s stock price could go in the next few years, and their targets are truly insane by conventional standards. In this post, we’ll explore what Musk and Wood have said and what it could mean for TSLA shareholders and the EV industry as a whole. If you’re interested in TSLA stock news and want to stay ahead of the curve, keep reading!
Tesla Stock Price Targets From Elon Musk and Cathie Wood of Ark Invest are Insane! TSLA stock news!
Introduction
The future looks bright for the electric vehicle giant, Tesla, as predictions for its stock prices are off the charts. With the rise of autonomous ride-hailing platforms and the mass production of robotaxis, Tesla’s potential for growth and expansion is limitless. In this article, we’ll take a look at the forecasts of Elon Musk, the CEO of Tesla, and Cathie Wood, the CEO of Ark Invest, to see just how high Tesla’s share value can go.
Musk’s Plan for Tesla’s Future
Elon Musk has always been known for his grand visions for the future. One of the most ambitious plans for Tesla’s future is the production of fully autonomous robotaxis. According to Musk, once Tesla’s autonomous technology is fully developed, the company will be able to produce robotaxis at a massive scale. This will not only provide a significant revenue stream for Tesla, but it will also revolutionize the ride-hailing industry as we know it.
Wood’s Predictions for Tesla’s Stock Price
Cathie Wood, the CEO of Ark Invest, is well known for her optimistic projections for Tesla’s stock prices. According to Wood, Tesla’s autonomous ride-hailing platform is expected to generate $4 trillion in revenue by 2027 and $9 trillion by 2030. Given the enormous potential for revenue growth, Wood believes that Tesla’s stock prices could reach up to $3,000 per share in the next few years.
Ark Invest’s Valuation Model
Ark Invest’s valuation model outlines three scenarios in which Tesla’s share value can reach as much as $2,500 in the bull case by 2027. In the base case scenario, Tesla’s share value is predicted to reach $1,400, while in the bear case scenario, the share value is expected to be around $700. Despite the varying predictions, all three scenarios predict significant growth for Tesla’s stock prices in the coming years.
Wood’s Diversified Portfolio
Cathie Wood is known for her diversified portfolio, and Tesla is just one of the companies she’s invested in. Wood believes in investing in companies with the potential to radically change the world, and as a result, she’s invested in biotech companies like Ginkgo Bioworks Holdings, Invitae, Adaptive Biotechnologies, and CareDX. She also suggests Unity Software, Trimble, and Bill Holdings as other stocks with potential for explosive growth.
The Video Disclaimer
It’s important to note that the video cited in this article is not investment or financial advice but is solely for entertainment and educational purposes. Additionally, the video offers free stocks from Robinhood and Webull but with certain conditions and should not be taken as an endorsement of those services.
Conclusion
Tesla’s future is looking bright, with projections of skyrocketing stock prices, a vast autonomous ride-hailing platform, and automated production of robotaxis. With experts like Elon Musk and Cathie Wood predicting significant growth in the coming years, it’s no surprise that investors are jumping on the Tesla bandwagon. As always, investment decisions should be made with careful consideration of all the facts and should never be taken lightly.
