Credit to Author: Guest Contributor| Date: Fri, 02 Jun 2023 21:08:49 +0000
Production of the Tesla Cybertruck is on its way, and with the Model Y surpassing an important sales milestone in the first quarter, becoming the best selling car in the world, some wonder if the futuristic truck could reach similar highs. As experts debate whether the Cybertruck will reach meteoric sales levels or simply be […]
Credit to Author: Guest Contributor| Date: Sun, 30 Apr 2023 01:15:35 +0000
Cathie Wood, CEO of investment management firm ARK Invest, has long been bullish on Tesla. Wood recently explained why she thinks Tesla’s stock could hit at least $2,000 by 2027, representing “one of the most important investment opportunities of our lifetimes.” Wood expects Tesla’s Full Self-Driving (FSD) beta to someday support a fleet of robotaxis, […]
Credit to Author: Guest Contributor| Date: Thu, 12 Jan 2023 18:04:52 +0000
As the auto industry faces some of the harshest effects of the Federal Reserve’s rising interest rates to battle inflation, Tesla CEO Elon Musk and others are warning the public about the potential for a major financial crisis in the auto industry. Musk tweeted that a delicate situation with auto loans could “potentially” become “the […]
Credit to Author: Guest Contributor| Date: Wed, 28 Dec 2022 17:29:38 +0000
Stocks overall are facing a bear market coinciding with recent signs of economic downturn, and even Tesla’s shares haven’t been immune to the effects. Furthermore, Elon Musk recently let go of more Tesla shares (presumably, to fund Twitter). Meanwhile, though, one bullish firm recently stocked up — leaving some investors questioning which leader’s actions to […]
Credit to Author: Guest Contributor| Date: Sun, 03 Apr 2022 19:43:46 +0000
Elon Musk’s electric vehicle company has been making waves in the wealth world in recent years. The automaker’s market capitalization creeping its way towards the trillion dollar mark, and some analysts believe it may someday quadruple its current levels. Tesla’s market capitalization could reach as high as $4 trillion by 2030 says Gary Black of investment […]
Credit to Author: Johnna Crider| Date: Sun, 09 Feb 2020 04:36:19 +0000
Tesla’s recent stock price rise has come as a shock to many, but not to others who have believed in Tesla (sometimes for more than a decade). One of those strong Tesla bulls has been ARK Invest. ARK has been focused on the larger picture since its inception. So far, this has been the best way to consider Tesla’s potential — in terms of sales, expansion, and apparently stock price as well
Credit to Author: Johnna Crider| Date: Tue, 10 Dec 2019 05:49:30 +0000
Cathie Wood, founder of Ark Invest, yesterday sat down with CNBC’s SqawkTalk to talk about the Tesla Cybertruck. Tesla, which is the top holding in several of Ark’s funds, has Elon Musk as its CEO, and it’s natural the anchor wanted to know about what Wood’s thoughts were on the Cybertruck, as well as on other matters such as the defamation trial where Elon was found not guilty
Credit to Author: Matt Pressman| Date: Tue, 01 Oct 2019 01:00:49 +0000
As self-driving cars move closer and closer to reality, one particular market stands to benefit — autonomous taxis (aka robotaxis). Tasha Keeny from Ark Invest recently evaluated the players who’d likely benefit from this massive market opportunity. Keeney writes, “Autonomous vehicles will transform personal mobility … reap[ing] the benefits of a new market which promises to ramp from essentially $0 now to $10 trillion in global gross annual revenues by 2030.”