Cathie Wood Predicts Tesla at 2600 - Is a Crash to 26 More Realistic?
ARK Invest head Cathie Wood just doubled down on her Tesla bullishness, slapping a 2600 price target on the stock. She believes robotaxis will drive 90% of Tesla’s value in five years. This begs the question - are robotaxis REALLY that close to being a widespread, revenue-generating reality? Or is this pure speculation?
Meanwhile, the article paints a grim picture of Tesla's current state. European sales are plummeting, Musk's political stances are alienating customers, and even long-time Tesla bulls are calling for his resignation as CEO. Product safety issues and a potential economic downturn add fuel to the fire.
So, is Tesla a misunderstood innovator on the verge of world domination, or is it a house of cards about to collapse? Is 2600 achievable, or is a crash to 26 a more likely scenario? What do YOU think is a realistic valuation for Tesla in the next five years? Let's discuss.
Cathie Wood Predicts Tesla at 2600 - Is a Crash to 26 More Realistic?
ARK Invest head Cathie Wood just doubled down on her Tesla bullishness, slapping a 2600 price target on the stock. She believes robotaxis will drive 90% of Tesla’s value in five years. This begs the question - are robotaxis REALLY that close to being a widespread, revenue-generating reality? Or is this pure speculation?
Meanwhile, the article paints a grim picture of Tesla's current state. European sales are plummeting, Musk's political stances are alienating customers, and even long-time Tesla bulls are calling for his resignation as CEO. Product safety issues and a potential economic downturn add fuel to the fire.
So, is Tesla a misunderstood innovator on the verge of world domination, or is it a house of cards about to collapse? Is 2600 achievable, or is a crash to 26 a more likely scenario? What do YOU think is a realistic valuation for Tesla in the next five years? Let's discuss.
- By Anonymous