Tesla Stock Poised for a Jump of $500 Billion?
After a Rough 2022, Tesla Stock Shows Signs of Recovery
Ark Invest Predicts a Bright Future for TSLA
Tesla's stock has been on a rollercoaster ride in recent years, hitting a peak in 2021 before plummeting by 65% in 2022. However, the stock has rebounded in recent months, leading some analysts to believe that better times are ahead.
One such analyst is Cathie Wood of Ark Invest, who predicts that Tesla's shares could soar to $1,500 by 2026, a gain of over 500 billion dollars. Wood believes that Tesla's cutting-edge technology, including its Dojo supercomputer, will give it a significant advantage in the electric vehicle market.
Tesla's stock price has risen by 135% since January, though it remains 40% below its all-time high set in 2021. Analysts will be closely monitoring the stock's performance in the coming months to see if it can continue its upward trend.
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