Reported about 1 year ago
Cathie Wood of Ark Invest projected Tesla's stock price to reach $2,600 by 2029, while highlighting the financial metrics indicating Tesla's potential growth. In contrast, investing in Nvidia might require a significant leap in market cap and profits to offer a modest return. Wood's optimistic forecast for Tesla and the challenges faced by Nvidia illustrate the high expectations set for industry leaders in the evolving market, urging investors to consider the feasibility of such bold projections.
Source: YAHOO