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
Normalized claim
Tesla stock will reach $4,000 per share (pre-split) within five years of August 2018.
Confidence
Sounded fairly sure
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.
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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
Forecaster
Cathie Wood
Founder and CEO of ARK Invest, known for bold price targets on Tesla and Bitcoin.
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