Ark Invest BIG IDEAS is out and my big take away: Buy Tesla and be happy.
Defying The Skeptics With Exponential Growth
From the Ark Invest Big Ideas 2023 whitepaper: Investors doubt whether or not the EV growth will be exponential. The debate around electric vehicles has shifted from demand to supply. Based on Wright’s Law, ARK Invest forecasts that EV prices will decline and sales will increase more than 7-fold, or 50% at an annual rate, from roughly 7.8 million in 2022 to 60 million units in 2027.
EV's Continues to take Market Share away from Legacy auto
More and more consumers are educating themselves about EVs and finding that EV's are a much better choice both initially and & long term when considering the total cost of ownership. Consequently Legacy auto continues to loose market share to EV's as the following charts show. The Exposing Analyst video toward the end of this post, provides a detailed explanation of all the charts from Ark Invest.
See Exposing Analyst video below
See Exposing Analyst video below
See Exposing Analyst video below
See Exposing Analyst video below
Cathie Wood, Ark Invest, is more bullish on Tesla than ever before
"Just from electric vehicles there could be almost a fivefold increase in Tesla stock during the next five years,” Cathie Wood said “And if you believe in autonomous cars at all, it’s closer to 13 times during the next five years. So we are as bullish about Tesla as we have ever been.” Five times the recent price would be $653, and 13 times would be $1,699."
Cathie Wood: "Tesla Stock Will X10 in 2023
Cathie Woods expresses her views about what Tesla will accomplish in 2023.
Source: Investing G YouTube Channel
"Cathy Wood says: In the next 10 years the global autonomous taxi network will generate 11 to 12 trillion dollies in revenue from nothing right now... the marketplace will start to recognize this in the middle of this decade, 2025, and will probably be scaling toward the 3 to 5 trillion dollar range."
Source: Sawyer Meritt Tweet
See Exposing Analyst video below
See Exposing Analyst video below
Wall Street is missing the point about Tesla
Tesla Stock is Cathie Wood's favorite position. Cathie's research JUST EXPOSED how wrong analysts will be on Tesla stock. It is incredible that analysts are not learning from their mistakes and that is why they will be wrong about Tesla stock AGAIN.
Source: Matt Pocius YouTube Channel
Huge numbers can be made once Tesla solves autonomous driving
"According to ARK's research, autonomous ride-hail could turn cars — stranded assets used less than 5% of the day — into assets generating significant recurring cash flows: each of Tesla's autonomous ride-hail vehicles could generate ~$20,000 annually," ARK's director of investment analysis Tasha Keeney wrote... this would help Tesla's share price rise toward Ark's 2026 target of $4,600 per share, a 2,500% increase from current market levels.
Cathie Wood is all in for Tesla!
If Cathie Wood had any doubts about Tesla, She sure doesn't show it. In fact Cathie Woods Ark invest has made Tesla its number one Stock(9.17%) in its ARKK ETF.
Source: Sawyer Meritt Tweet
The handwriting is on the wall and it reads in big red letters:
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