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>> No.26544818 [View]
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26544818

In August 2018, ARK published an open letter with an extract of our TSLA valuation model communicating why we believed taking Tesla private at $420 per share would deprive shareholders of significant returns. Since then ARK has updated its TSLA valuation regularly. Based on new research, we are sharing our latest model to clarify what we believe is TSLA’s potential.

Based on our updated expectations for electric vehicle (EV) cost declines and demand, as well as our estimates for the potential profitability of robotaxis, our 2024 expected value per share for TSLA is $7,000. To arrive at that base case, ARK has developed a probability analysis with bear and bull price estimates, as detailed below:

>BULL CASE: We believe that there is a 25% probability that Tesla could be worth $15,000 per share or more in 2024.

Explain yourselves ARKfags. Do you believe this shit?

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