Long-time Tesla (TSLA) bull Cathie Wood of Ark Invest is leaving no debate on where she stands on Tesla headed into 2027. Bullish as always, perhaps even more so. In a new note starting to make the rounds, Ark came out with a $4,400 base case price target on Tesla, looking out to 2031. The bull case is $5,000, the bear at $3,300. For perspective, Tesla's stock price is today changing hands at $366. The latest bullish call on Tesla's stock from Ark reflects upbeat assumptions on robotaxis, humanoid robots and Terrafab. "ARK estimates that Robotaxi will account for ~80% of Tesla's enterprise value in 2031, down from ~90% in 2029 as presented in our previous model published in 2024.
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