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2021-09-06
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Ark Invest Tesla Stock Price Target May Be Outrageous, But Elon Musk Says It Is Worth $3,000 A Share 'If They Execute Really Well'
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The main reason for that is their market share. So instead of going down from year-end 2017 to today, it has actually gone up fairly dramatically,\" Wood said. <b> </b></p>\n<p>However, Wood's price tag for Tesla looks outrageous. Tesla is currently trading at $733 a share, and it would have to go up above 300% to reach that price target.</p>\n<p>Ark Invest believes that Tesla is going to deliver between 5 and 10 million vehicles as soon as 2025.</p>\n<p>It also says Tesla will deliver a completely autonomous ride-hailing network, known as Tesla Network, that is going to bring in a lot of money with a high margin.</p>\n<p>In an email to Tesla employee obtained by Electrek, Musk highlighted Ark's new $3,000 price target and added that he concurs with Ark's analysis. \"If we execute really well, I agree with Ark Invest,\" Musk said.</p>\n<p>A $3,000 share price would put Tesla's valuation at $3 trillion and make it the most valuable company in the world.</p>\n<p>At present, the automaker is the most valuable automotive company globally at over $730 billion.</p>\n<p><b>Why It Matters: </b>Musk has often commented on Tesla's stock price. Last year when Tesla's stock was reaching a new high, Musk told his followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>, <b>\"Tesla stock price is too high...imo.\" </b></p>\n<p>A Tesla investor <b>sued Elon Musk</b> and the company board, saying the CEO's \"erratic\" tweets violate a settlement with the U.S. Securities and Exchange Commission.</p>\n<p>His comment resulted in a more than $13 billion loss in Tesla's market value.</p>\n<p>Last month, Ark Invest shed less than half a percent of its position in Tesla<b> </b>as the shares of the electric vehicle company climbed. It sold a total of 8,100 shares, estimated to be worth about $5.76 million.</p>\n<p>Wood's firm holds large bets in Tesla, which it predicts will hit the 3,000 mark at the end of 2025.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ark Invest Tesla Stock Price Target May Be Outrageous, But Elon Musk Says It Is Worth $3,000 A Share 'If They Execute Really Well'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArk Invest Tesla Stock Price Target May Be Outrageous, But Elon Musk Says It Is Worth $3,000 A Share 'If They Execute Really Well'\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-06 08:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla Inc</b> (NASDAQ: TSLA) CEO <b>Elon Musk</b> has told its employees that he agrees with <b>Cathie Wood</b>-led <b><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a></b> (NYSEARCA: ARKK) that Tesla is worth $3,000 a share \"if they execute really well\".</p>\n<p><b>What Happened: </b>In a recent interview, Cathie Wood said that her base case on Tesla is $3,000 a share.</p>\n<p>\"Our estimate for Tesla's success has gone up. The main reason for that is their market share. So instead of going down from year-end 2017 to today, it has actually gone up fairly dramatically,\" Wood said. <b> </b></p>\n<p>However, Wood's price tag for Tesla looks outrageous. Tesla is currently trading at $733 a share, and it would have to go up above 300% to reach that price target.</p>\n<p>Ark Invest believes that Tesla is going to deliver between 5 and 10 million vehicles as soon as 2025.</p>\n<p>It also says Tesla will deliver a completely autonomous ride-hailing network, known as Tesla Network, that is going to bring in a lot of money with a high margin.</p>\n<p>In an email to Tesla employee obtained by Electrek, Musk highlighted Ark's new $3,000 price target and added that he concurs with Ark's analysis. \"If we execute really well, I agree with Ark Invest,\" Musk said.</p>\n<p>A $3,000 share price would put Tesla's valuation at $3 trillion and make it the most valuable company in the world.</p>\n<p>At present, the automaker is the most valuable automotive company globally at over $730 billion.</p>\n<p><b>Why It Matters: </b>Musk has often commented on Tesla's stock price. Last year when Tesla's stock was reaching a new high, Musk told his followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>, <b>\"Tesla stock price is too high...imo.\" </b></p>\n<p>A Tesla investor <b>sued Elon Musk</b> and the company board, saying the CEO's \"erratic\" tweets violate a settlement with the U.S. Securities and Exchange Commission.</p>\n<p>His comment resulted in a more than $13 billion loss in Tesla's market value.</p>\n<p>Last month, Ark Invest shed less than half a percent of its position in Tesla<b> </b>as the shares of the electric vehicle company climbed. It sold a total of 8,100 shares, estimated to be worth about $5.76 million.</p>\n<p>Wood's firm holds large bets in Tesla, which it predicts will hit the 3,000 mark at the end of 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165802421","content_text":"Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has told its employees that he agrees with Cathie Wood-led ARK Innovation ETF (NYSEARCA: ARKK) that Tesla is worth $3,000 a share \"if they execute really well\".\nWhat Happened: In a recent interview, Cathie Wood said that her base case on Tesla is $3,000 a share.\n\"Our estimate for Tesla's success has gone up. The main reason for that is their market share. So instead of going down from year-end 2017 to today, it has actually gone up fairly dramatically,\" Wood said. \nHowever, Wood's price tag for Tesla looks outrageous. Tesla is currently trading at $733 a share, and it would have to go up above 300% to reach that price target.\nArk Invest believes that Tesla is going to deliver between 5 and 10 million vehicles as soon as 2025.\nIt also says Tesla will deliver a completely autonomous ride-hailing network, known as Tesla Network, that is going to bring in a lot of money with a high margin.\nIn an email to Tesla employee obtained by Electrek, Musk highlighted Ark's new $3,000 price target and added that he concurs with Ark's analysis. \"If we execute really well, I agree with Ark Invest,\" Musk said.\nA $3,000 share price would put Tesla's valuation at $3 trillion and make it the most valuable company in the world.\nAt present, the automaker is the most valuable automotive company globally at over $730 billion.\nWhy It Matters: Musk has often commented on Tesla's stock price. Last year when Tesla's stock was reaching a new high, Musk told his followers on Twitter, \"Tesla stock price is too high...imo.\" \nA Tesla investor sued Elon Musk and the company board, saying the CEO's \"erratic\" tweets violate a settlement with the U.S. Securities and Exchange Commission.\nHis comment resulted in a more than $13 billion loss in Tesla's market value.\nLast month, Ark Invest shed less than half a percent of its position in Tesla as the shares of the electric vehicle company climbed. It sold a total of 8,100 shares, estimated to be worth about $5.76 million.\nWood's firm holds large bets in Tesla, which it predicts will hit the 3,000 mark at the end of 2025.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/817018759"}
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