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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.

ARK Invest Bets One Business Can Lift Tesla Stock to $4,400
BeInCrypto
AI summary

ARK Invest published a long-horizon model valuing Tesla at roughly $4,400 per share by 2031, about 12 times its October 19 close of $368.06, with around 80% of that enterprise value tied to a single business outside car sales. Tesla stock is down 18.16% year to date. This is an analyst price target and opinion piece rather than a crypto-market event, so it carries little direct relevance for digital-asset traders.

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