Cathie WoodFounder and CEO of ARK Invest, known for bold price targets on Tesla and Bitcoin.
We've been very focused on his autonomous taxi network opportunity, which we think could take the stock to $4,000. This is over the next five years. We could see Tesla going to $4,000.
Bloomberg TV · Aug 8, 2018 · source · hindsight clip
Admitted by the site's editor alone — Seeded by the site owner at launch; single-operator admission (ADR-0012).
Normalized claim
Tesla stock will reach $4,000 per share (pre-split) within five years of August 2018.
Confidence
medium (55%)
Deadline
Aug 8, 2023
Resolution rule
Hit if Tesla traded at or above $4,000 on a 2018 share basis by 2023-08-08. After the 5-for-1 (2020) and 3-for-1 (2022) splits that is $266.67 per current share; Tesla closed above $400 in November 2021.
Crowd vote
No crowd votes were recorded.
Voting closed at the deadline.
More from Cathie Wood
If we're right and companies continue to diversify their cash into something like Bitcoin, and institutional investors start allocating 5% of their funds in Bitcoin, we believe the price will be ten-fold what it is today. Instead of $45,000, over $500,000.
DUE