Adding Up Tesla $2000 Price Target

How much is Tesla stock worth? If you believe Cathie Wood and ARK Invest, shares of Tesla could reach $2000 a share very soon. I'll break down the Tesla price target and show you what it's really worth. ✅ FREE Report! See the five stocks I'm buying for the next 30 years! https://mystockmarketbasics.com/motle...

Cathie Wood and ARK Invest shocked the world with her 2019 prediction that Tesla stock would be worth $4000 by 2024…at a time when shares were trading for just $80 each! The pandemic took Tesla rocketing and ARK upgraded its target to $7000 a share by 2024 or $466 a share accounting for splits… and the stock nearly got there in less than a year, reaching $407 per share by October 2021.

ARK came out in 2022 with its updated price target, now Tesla would reach over $1,500 per share by 2026. ARK’s new Tesla price target this year, $2000 per share by 2027 and we need to dig into the analysis because that would be a 600%+ return.

Tesla at $2000 a share by 2027 would be a 630% return and a $6.3 trillion company…making it bigger than Apple, Google and Amazon combined! But they were right in 2019 and Tesla is only 70% from the its 2020 updated Tesla stock target for next year’s price. So for this video, I wanted to dig into that $2000 price target, show you what it depends on and how close we could get to a 600% return.

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Joseph Hogue, CFA spent nearly a decade as an investment analyst for institutional firms and banks. He now helps people understand their financial lives through dividend stocks, investing and ways to make more money. He has appeared on Bloomberg and on sites like CNBC and Morningstar. He holds the Chartered Financial Analyst (CFA) designation and is a veteran of the Marine Corps.
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