Cathie Wood’s ARK Has a New Price Target for Tesla: $3k

Posted by cwwc on Saturday March 20, 2021 @01:46PM
from the bloomberg.com dept.

https://www.bloomberg.com/news/articles/2021-03-20/cathie-wood-s-ark-has-a-new-price-target-for-tesla-3-000

( 4 comments | 3 points | on HN )

Re:Cathie Wood’s ARK Has a New Price Target for Tesla: $3k by chewz on Saturday March 20, 2021 @02:48PM (#26525132)

> To arrive at this forecast, ARK used a Monte Carlo model with 34 inputs, the high and low forecasts incorporating 40,000 possible simulations. [1]

Yeah..

[1] https://ark-invest.com/articles/analyst-research/tesla-price...

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Re:Cathie Wood’s ARK Has a New Price Target for Tesla: $3k by srckinase123 on Saturday March 20, 2021 @02:36PM (#26525034)

This is contingent on Tesla achieving fully autonomous driving. Any industry experts willing to share their opinion on the feasibility of this in the next 5-10 years?

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Re:Cathie Wood’s ARK Has a New Price Target for Tesla: $3k by maxharris on Saturday March 20, 2021 @02:57PM (#26525220)

Here's an interview with James Douma. I found it very helpful: https://www.youtube.com/watch?v=FSS_OJJ65cY

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Re:Cathie Wood’s ARK Has a New Price Target for Tesla: $3k by cwwc on Saturday March 20, 2021 @03:51PM (#26525654)

I’m no industry expert — but wouldn’t this be more dependent upon regulation than tech?

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