On April 20, 2023, ARK Invest released their expected price target for $TSLA in 2027. Based on their modeling and forecasting, their bear case was $1,400, their bull case was $2,500, which computed an expected value of $2,000. TSLA closed the day at $165/share, meaning this price target would represent a 1,112% upside, or a CAGR of 86% over the next four years.
Key Takeaways:
- ARK Invest’s TSLA price target of $2,000 relies on unrealistic assumptions and improbable growth.
- Their self conducted “research” borders on lunacy and contains no substance.
- In the most optimistic case, their research is delusional. In the worst case scenario, they are deliberately malicious to offload their shares to retail traders expecting significant profits.
Read more here: https://www.efficientinvesting.org/blog/breaking-down-ark-invests-tsla-2000-price-target
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