Cathie Wood's Ark Invest Predicts Tesla Shares To Reach $2000

Cathie Wood's Ark Invest: Tesla Stock to Reach $2,000

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Ark Invest announced an updated valuation framework for Tesla's shares after the stock plunged by 10%.

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The bear- and bull-case targets for the stock are $1,400 and $2,500, respectively.

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Earlier this year, Ark issued a 2026 Tesla price target of $500, adjusting for the 3-for-1 split implemented in Aug. 2022.

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Tesla's Robotaxi business line is a key driver, contributing about 58% of expected enterprise value and 45% of expected EBITDA in 2027.

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EVs would make up 62% of the revenues for Tesla.

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Margins of the EV business would be substantially lower than Robotaxi’s revenue, according to Ark,.

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At the time of writing, Tesla shares are trading at $162.99, nearly 10% down from yesterday.

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