NVDA
NVIDIA
-- 108.380 TSLA
Tesla
-- 259.160 PLTR
Palantir
-- 84.400 AMZN
Amazon
-- 190.260 AAPL
Apple
-- 222.130 
Ark Invest updated Tesla’s stock expected value to be $2,600 in 2029
$Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ The article reported that Ark Invest updated open-source Tesla model yields an expected value of $2,600 per share in 2029. Ark’s expected 2029 price would represent a 1,376% gain from current levels.
Roland posted in x.com tracked Ark Invest target price for Tesla yearly and showed that , the price target for 2023 was spot on and 2024 is not over yet. See data below and chart.
Past price targets:
2023 → $267 (ended at $248 and high at $299)
2024 → $467
2025 → $1,000
2026 → $1,534
2027→ $2,000
Note that the price target was adjusted for year 2023 due to the last 1:3 stock split.
My Take: Someone commented that Ark Invest price target is ridiculous and not achievable. The data above showed that it is not true. Someone also misinterpreted that Ark Invest is shifting the timeline of price target. The old target will still be there and a new one is created due to changes in Tesla's new product launched or technology breakthrough (like FSD). Cathie Wood said the new price target has not factored in the autonomous robot, Optimus which EM announced Tesla plans to roll out in early 2026.
Source:
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Stellantis NV (STLA.US)$
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HH1000 : ark is now fortune tellers...interesting
ZnWC OP HH1000 : Do your homework about Monte Carlo Simulation before you comment.