Cnbc: Tesla Stock Going To $4,000 (Tsla)
Aristophanes starting fourth dimension used the phrase "cloud cuckoo land" inward his play The Birds 2500 or then years ago.
It is then over-the-top optimistic a house that it moves Pollyanna as well as Doctor Pangloss toward the morose-despondent-suicidal halt of the spectrum. And it was the starting fourth dimension affair I sentiment of on seeing this headline.
From CNBC:
Tesla stock going to $4,000 — that would live an growth of 1,100%: Money managing director Catherine Wood
As a side notation dorsum inward June 2010 nosotros were posting:
As some other aside, it took until Feb 2014 for "Uh Oh: The First 'Tesla To $1000' Call (TSLA)"
I was dreamin' when I wrote this / Forgive me if it goes astray....
That was at $250.81
It is then over-the-top optimistic a house that it moves Pollyanna as well as Doctor Pangloss toward the morose-despondent-suicidal halt of the spectrum. And it was the starting fourth dimension affair I sentiment of on seeing this headline.
From CNBC:
Tesla stock going to $4,000 — that would live an growth of 1,100%: Money managing director Catherine Wood
- Tesla at $4,000 would order it inward the same marketplace value league every bit the world's biggest tech giants.
- "If we're wrong," Wood says, "our comport example is $600" on Tesla, which would nonetheless live nearly a double.
- Tesla is ane her overall fund's largest holdings.
Ark Investment Management CEO Catherine Wood, a money managing director known for making bold calls, told CNBC on Midweek she believes Tesla stock volition ane 24-hour interval merchandise at $4,000 per share.
"If we're right, this stock inward our models is going to $4,000," Wood said on "Squawk Box." "If we're wrong, as well as all they create is electric, our comport example is $600."
Even at Wood's "bear case," $600 per percentage would live nearly a double from electrical flow levels. Tesla is ane her overall fund's largest holdings.
"The hereafter is electric," Wood said. "The hereafter is [also] shipping every bit a service, software every bit a service." She added, "This is where Tesla is going."
The highest cost target amid the Wall Street analysts who encompass Tesla is $500 per share.
In December, talking upwardly her belief inward bitcoin, Wood floated some other provocative idea, maxim the world's biggest cryptocurrency is "so much bigger an sentiment than fifty-fifty Apple, which is a pretty large idea."
Tesla stock at $4,000 would also for sure qualify every bit large idea, as well as would interpret to a marketplace value almost $672 billion.
By comparison, Apple already has a marketplace value of almost $837 billion, as well as it's leading the race amid Google-parent Alphabet, Microsoft as well as Amazon to cash inward one's chips the starting fourth dimension $1 trillion company.In pre-market merchandise the stock is changing hands at $366, downward $4.40, leaving enough of upside should the analyst examine correct.
Wood believes Tesla, amongst a electrical flow marketplace value of some $56 billion, should live inward the same league every bit the large iv tech stocks due to MORE
As a side notation dorsum inward June 2010 nosotros were posting:
"Tesla CEO to investors: We're similar Google or Apple" (TSLA; AAPL; GOOG)The stock traded downward as well as was below the IPO cost yesteryear 24-hour interval iv of its world life as well as Elon stopped amongst the Google/Apple comparisons
Oh really?
The IPO is scheduled for June 29....
As some other aside, it took until Feb 2014 for "Uh Oh: The First 'Tesla To $1000' Call (TSLA)"
I was dreamin' when I wrote this / Forgive me if it goes astray....
That was at $250.81
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