See her 2k, and raise - 
Internal combustion engine vehicles are still the king to own & maintain.
Posted on 04/03/2024 11:20:07 AM PDT by Miami Rebel
ARK Invest’s Cathie Wood reiterated her call that Tesla stock is worth $2,000 early Wednesday. It’s a huge number, but there is a problem. The number didn’t go up.
Wood valued Tesla at $2,000 a share in April 2023. That target was up from her 2022 update valuing Tesla stock at about $1,500 a share. The lack of a 2024 target bump is one sign things aren’t going as well as hoped.
Much of her value is tied up in a coming self-driving Robo taxi business. Achieving truly self-driving cars has been harder than expected, though.
On the other end of the spectrum, Clean Energy Transition fund manager Per Lekander says Tesla is worth just $14 a share. He says that Tesla is essentially a no-growth car company that will earn about $1.40 a share in 2024. He puts a 10 times multiple on his estimate.
(Excerpt) Read more at barrons.com ...
Woods made an early bullish call on Tesla that was a home run. but she's been running on ether fumes ever since. Her funds have underperformed the market with far greater volatility.
Depends on who’s the President next year.
I heard Tesla are not very good they’re just an iPad on wheels ,LOL
I own ten shares of TSLA myself...
Im in the red on them.
I think Cathie Woods is smoking crack on her price target.
The Deep State LONG knives are out for Elon Musk. They can’t have someone out there running a narrative that is counter to their own.
They will continue to make life as difficult as possible for Tesla and Musk.
I wouldn’t touch their stock unless Trump wins in November.
You think that a Trump victory would somehow benefit EV manufacturers???
[And for a victim of the Deep State, it’s weird how Musk’s SpaceX has taken in over $10 billion in government funding.]
A Trump victory would help Tesla.
He would raise tariffs on Chinese autos.
He would reduce regulations on domestic manufacturing.
There are a 1000 ways the Deep State is making life difficult for Tesla now. Those would be reduced and /or eliminated under Trump.
Example:
You’re not making sense.
Tesla isn’t facing US competition from Chinese autos, so tariffs wouldn’t keep out something that isn’t here.
On the other hand, Musk relies on close cooperation from the Chinese Communists, who might take retaliatory actions against a US-based manufacturer.
The example you cited from NPR is absurd: do you really want the NHSA to NOT force the recall of cars with defective warning lights? And do you think Tesla is the only maker that is compelled to recall vehicles?
You never did respond to my point that Musk’s companies have received billions in federal largesse. How does that square with your notion that he’s being targeted by the Deep State?
She’s been wrong on every freaking stock the last 3 years. Just a really bad portfolio
That government funding bought a LOT more value than whatever NASA delivered.
She is being promoted to replace Buffett when he kicks the bucket. Why her I do not know.
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