ARK Investment pushes Tesla $US2000 target out one year to 2027

“Across our simulation set, electric vehicles account for 62 per cent of revenues in 2027, at substantially lower margins than robotaxi revenue.”

ARK said its new open-source Tesla model incorporates distributions for 41 independent inputs to simulate a range of potential outcomes for the company.

According to ARK’s model, Tesla’s overall market value is poised to rise significantly from its current near $US500 billion ($742 billion) level: The bear target puts it at $US4.4…

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