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Yes, this is incredibly optimistic. That said.... what were you expecting? This is Ark. Cathie Wood.. TSLA. Yeah, Yeah, PEs are through the roof and skies are
by dalbasal 6y ago
Yes, this is incredibly optimistic.
That said.... what were you expecting? This is Ark. Cathie Wood.. TSLA. Yeah, Yeah, PEs are through the roof and skies are falling. I agree. But, when you click to read Ark's TSLA forecasts, you click for outrageous investment theory. I got what I came for.
Side note... If Ark is really this optimistic about Tesla's business performance... they're very pessimistic about Tesla's "multiples," or the stock market's.
In the bull case for 2025, Tesla EV revenue will grow by 15X. And, high margin "Autonomous Ride-Hail Revenue" will is eclipsing EV production revenue.... presumably growing faster too. Tesla's share price grows by only 8X?! How is that possible? Did I misunderstand something?