Will Tesla (TSLA) stock price be above 2000 by the end of 2027? (Ark Invest price target - base case)
➕
Plus
44
Ṁ75k
2027
27%
chance

resolve is Friday Dec 31 2027 at market close

not including after market, adjusted for splits, not adjusted for dividends

https://ark-invest.com/articles/valuation-models/arks-tesla-price-target-2027/

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@TonyPepperoni i'm looking to liquidate 12.3k more NO shares. lmk if you're willing to quote a price

@omou Sure, 2027 is is later than I normally do large bets on, but I’d do it at 20%. If that works, I’ll make a limit order

@TonyPepperoni works for me

@omou Done!

sold Ṁ9,760 NO

@TonyPepperoni done, thanks!

What happened here yesterday???

predicts NO

@Thomas42 It seems like Teddy Weverka sold his NO.
I doubt he completely changed his opinion on the correct probability, I assume he wanted some mana.

This stock is already trading well above what Fundamentals dictate. TSLA market cap is 16 times that of Ford. Ford has higher Gross Profit.

Growth used to explain some of the excess of market cap compared to Gross Profit. If TSLA is going to maintain its multiple in market cap, it will have to grow its Gross Profit.

You can bet on when TSLA Gross Profit will exceed Ford here:

Will TSLA make higher Gross Profit in Q4?

Will TSLA Gross Profit pass Ford in Q1, 2024?

predicts NO

https://www.fool.com/investing/2023/04/27/cathie-wood-2000-tesla-price-target-utter-nonsense/

"Ark Invest's $2,000 price target for Tesla by 2027, which implies a market cap of $6.3 trillion, has virtually no chance of coming to fruition."