ARK Invest's updated open-source model puts Tesla at about $4,400 a share in 2031, with Monte Carlo simulations across 32 variables giving $3,300 in a pessimistic case and $5,000 in an optimistic one. It sees $1.45tn of revenue, $902bn of EBITDA and a $17.5tn market value in the base case.
ARK Invest says Tesla could be worth $17.5tn by 2031 at $4,400 a share
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