{"id":406153,"date":"2021-03-22T10:15:36","date_gmt":"2021-03-22T04:45:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406153"},"modified":"2021-03-22T10:15:36","modified_gmt":"2021-03-22T04:45:36","slug":"tesla-has-a-new-price-target-3000","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-has-a-new-price-target-3000\/","title":{"rendered":"Tesla has a new price target: $3,000"},"content":{"rendered":"<p>Cathie Wood\u2019s Ark Invest Management expects Tesla Inc. stock to hit $3,000 by 2025, up from its current price of $655. At that price, the company would be worth almost $3 trillion, based on the number of shares outstanding.<\/p>\n<p>Ark expects there\u2019s a 50% chance of Tesla achieving fully autonomous driving within five years, which could allow the company to scale its planned robotaxi service quickly, according to a Friday note on Ark\u2019s website.<\/p>\n<p>It also added Tesla\u2019s insurance business into its model, believing the offering could be rolled out to more states in the next few years with better-than-average margins, thanks to \u201chighly detailed driving data&#8221; the company collects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood\u2019s Ark Invest Management expects Tesla Inc. stock to hit $3,000 by 2025, up from its current price of $655. At that price, the company would be worth almost $3 trillion, based on the number of shares outstanding. Ark expects there\u2019s a 50% chance of Tesla achieving fully autonomous driving within five years, which could allow the company to scale its planned robotaxi service quickly, according to a Friday note on Ark\u2019s website. It also added Tesla\u2019s insurance business into its model, believing the offering could be rolled out to more states in the next few years with better-than-average [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-406153","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=406153"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406153\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}