Electric car company Tesla has recently seen a major surge in its stock price, which recently exceeded $537, with CEO of ARK invest predicting the stock surge to $6,000.
Tesla stock rising rapidly in early 2020
Tesla (NASDAQ: TSLA) stock price has been performing strongly in the last several days, surging from $480 on January 8th, to nearly $540 right now. However, ARK Invest’s CEO, Cathie Wood, believes that this is only a beginning for Tesla and that its stock price will go several times higher in the next few years.
During her recent appearance on CNBC’s Squawk Alley, she stated that one of the older predictions for the future of Tesla stock price was $4,000 in 5-year time. However, some of the more recent calculations have exceeded even that, placing the future price of the stock to as much as $6,000. With predictions like that,…
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