Ark Invest: Tesla's market value may reach 4 trillion US dollars

According to foreign media reports, Cathie Wood’s Ark Invest investment company said that Tesla’s stock price is expected to reach $3,000 by 2025.

Model S (Image source: Tesla)

Ark Invest stated in a research report released on March 19 that, in the most ideal case, Tesla's market value would reach $4 trillion. The investment management company has set a target stock price for Tesla that by 2025, the stock will reach $1,500 per share in a bear market and as high as $4,000 per share in a bull market.

Last year, Ark Invest predicted that by 2024, the company’s stock price would reach $7,000 per share, and the stock price after its five-to-one split was $1,400. From Ark’s last report on January 31 last year, as of the close of March 19 this year, Tesla’s stock price has risen 400% to $654.87.

Ark Invest also believes that Tesla will achieve fully autonomous driving within five years, and said that by 2025, the company's self-driving car-hailing net revenue may be as high as $327 billion. Ark also predicts that by 2025, Tesla's electric vehicle revenue will reach US$234 billion to US$367 billion.

Tesla is the largest shareholder of ARK Innovation's exchange-traded fund with a market value of $26.6 billion. Ark CEO Wood has long been optimistic about Tesla.