Tesla is worth $3,000 a share if they execute really well: Elon Musk to employees

Electrek reported the statement of Ark Invest that, “Tesla is worth $3,000 a share if they execute really well.” After which, Elon Musk reverted with a nod stating “agree with Ark Invest”, on September 4.

Elon Musk, Tesla’s owner notified his employees that if the execution is planned the exact way, the target will be effortlessly achieved. This statement arrives days after the asset management company, Ark Invest ascertained the base stock of EV carmaker Tesla to be approximately $3,000 in the upcoming years.

Electrek reported the statement of Ark Invest that, “Tesla is worth $3,000 a share if they execute really well.” After which the Musk reverted with a nod stating “agree with Ark Invest”, on September 4.

Earlier this week, Ark Invest averred Tesla would reach the base stock price of $3,000 by 2025. The asset management firm views Tesla on the top by delivering at least 5 and 10 million vehicles by the year 2025. The report read: “If the company ends upscaling its production as estimated above, it would be a significant ramp-up, considering that Tesla is likely to deliver less than 1 million vehicles this year.”
Interestingly, Tesla’s stocks are shining in the market among the top gainers. The current position stays in contradiction to what Musk iterated last year regarding the rapid dip in prices the previous fiscal year. Musk’s owned company’s shares are trading higher at a whopping price of $733 while it is being valued at around $730 billion.
Source Money Control
Subscribe to our newsletter
Subscribe to our newsletter
Sign up here to get the latest news delivered directly to your inbox.
You can unsubscribe at any time