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

Published Source: BeInCryptoRead original

Crypto Insight Summary: 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 Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Long-term (1 quarter-1 year) Reasoning: ARK's long-term prediction doesn't impact current crypto market dynamics.

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ARK Invest Bets One Business Can Lift Tesla Stock to $4,400 — Crypto Insight