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Tesla Daily: Tesla News & Analysis

ARK Invest’s New TSLA Price Target, Monte Carlo Simulations, New Tesla UI, SpaceX (03.22.21)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 23 March 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

➤ Analyzing ARK Invest’s newly-published TSLA model
➤ Discussing Monte Carlo simulation models and use cases
➤ Elon Musk responds to China’s military restriction of Tesla
➤ New Tesla user interface software spotted in refreshed Model S
➤ Elon Musk tweets about winner-take-most market share development
➤ Senators urge President Biden to set deadline on ICE vehicle sales
➤ SpaceX Starship SN11 update

Twitter: https://www.twitter.com/teslapodcast
Patreon: https://www.patreon.com/tesladailypodcast
Tesla Referral: https://ts.la/robert47283

Plaid producer Who Why
Plaid producer Ice Lakes Investments
Ludicrous producer Fred Hassen
Executive producer Jeremy Cooke
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre/Maria Kent
Executive producer Jeff Sheets
Executive producer Jessie Chimni
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

Transcript

Click on a timestamp to play from that location

0:00.0

Hey everybody, we're out of malware here, and I don't know if you guys heard, but Ark

0:10.8

and Best ended up releasing their new Tesla price target on Friday after Market Close.

0:15.4

I think at this point, there are probably about 300 different YouTube videos about this,

0:18.8

but I'll add my thoughts here, and then there are a few other topics that I want to cover

0:21.7

today as well, including some Elon Musk comments on China, Market Share, new software that

0:26.8

has been spotted for Tesla, and a couple of things as well.

0:30.2

So starting off with the stock Tesla today finishing up 2.3% to $670 even.

0:35.5

That was down a little bit from the high of the day, which was pretty close to $700 per

0:38.8

share.

0:39.8

The NASDAQ did fall off in the course of the afternoon as well, but still finished up

0:42.6

1.2%.

0:43.6

Alright, so let's start off here with Ark, they have issued their newest price target on

0:47.3

Tesla for the year 2025.

0:49.4

This is a change from their last round of price targets they issued on Tesla last year,

0:53.2

which was a 2024 price target.

0:55.3

At that time, their expected case or their base case was $7,000 per share post split.

1:00.0

That would now be equivalent to $1,400 per share again for 2024.

1:03.9

So with this newest update, they've taken their price target out one for their year to

1:07.3

2025, and they've increased it now for their base case up to $3,000 per share.

1:12.8

So one additional year and essentially doubling their price target.

1:16.0

They also outline a $1,500 bear case and a $4,000 bull case, and will come back to those

1:20.9

things in a second.

...

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