According to analysts’ estimates, e-car maker Tesla can look forward to massive acquisitions at the start of the week.
Tesla stock temporarily rose to $ 786.14 on Monday in NASDAQ trading. At the close, the share was still up 19.89 percent at $ 780.00.
According to MarketWatch, the investment firm ARK announced a value of $ 7,000 for the Tesla share last Saturday until 2024 – and that in the basic case. In a bull scenario, ARK anticipates a price target of $ 1,500 to $ 15,000. Previously, the investment vehicle had anticipated $ 700 to $ 4,000 over the next five years. ARK took particular account of gross margin, capital efficiency and autonomous driving.
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Argus Research has also raised its target price from $ 556 to $ 808.
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