Tesla at $15,000 by 2024? Has ARK Invest Lost Their Minds?
If everything goes right, Tesla’s stock price could be worth $15,000 in 2024, according to ARK Invest. Here’s why that’s totally absurd.
ARK Invest
McDonald’s Drones Could Deliver Your Big Mac For Under $1
McDonald’s delivery service set to hit $4 billion in sales in 2019. Drone delivery is the next logical step for rapid food orders, a potential $100 billion business by 2030. Ark Invest analysts predict McDonald’s could deliver via drone for less than a dollar. McDonald’s could soon deliver a Big Mac to you door via … Read more
Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target
By CCN.com: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the Elon Musk-led company’s gross margin fell 168 basis points annually during the second quarter as the production of Model 3 units increased. But asset management firm ARK Investment forecasts that Tesla’s … Read more
Tesla Perma-Bull Digs in Heels on Stock Price Prediction of at Least $560
By CCN.com: Tesla’s stock is getting clobbered daily now that Wall Street has lost confidence in the ability of Elon Musk’s company to increase sales. But there’s one bull that’s swimming against the current, claiming that the market has got Tesla all wrong. Ark Invest’s Bold Tesla Stock Predictions Tesla bull Ark Invest reportedly holds … Read more
Tesla’s Share Price Hikes as the Electric Vehicle Market and Automotive Stocks Rise
Tesla stock is seeing near 4% gains so far on the New York Stock Exchange (NYSE) as the US stock markets recover from two days in the red. Automotive companies are feeling the pinch of economic tightening and lowering demand for conventional, fuel-hungry, vehicles. The big car makers are ramping up their electric car developments, … Read more