Price forecast for TSLA

I plan to keep track of some of the wilder forecasts for the share price of Telsa Inc. (NASDAQ: TSLA). Today, I saw this:

Cathie Wood's Ark expects Tesla stock to reach $3000 by 2025

MARCH 20, 20218:47 PM UPDATED 13 HOURS AGO

(Reuters) - Cathie Wood’s Ark Invest said it expects Tesla Inc’s share price to reach the $3,000 mark by 2025.

Ark expects Tesla's market capitalization to reach as high as $4 trillion in the best-case scenario, according to a research note published here on Friday.

The investment management firm set the price target for Tesla at $1,500 per share on a bear basis by 2025 and $4,000 per share on a bull basis.

Read more: https://www.reuters.com/article/us-tesla-ark-invest/cathie-woods-ark-expects-tesla-stock-to-reach-3000-by-2025-idUSKBN2BC0O9