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Tesla Stock Expected To Make Crypto-Like Gains Over 5 Years

Claudia Rivera

Summary: Tesla stock price has been performing strongly in the last several days, surging from $480 on January 8th, to nearly $540 right now. However, ARK Invest’s CEO, Cathie Wood, believes that this is only a beginning for Tesla and that its stock price will go several times higher in the next few years. Aiming at ...

Tesla stock price has been performing strongly in the last several days, surging from $480 on January 8th, to nearly $540 right now. However, ARK Invest’s CEO, Cathie Wood, believes that this is only a beginning for Tesla and that its stock price will go several times higher in the next few years. Aiming at $1 trillion market cap in 5 years according to Bitcoinist

If these predictions turn out to be correct, and Tesla’s shares do reach the price of $6,000, that would mean that the company’s market cap would surge to $1 trillion over the course of the next 5 years. At this point, there are only two other companies with a market cap of that size — Apple and Microsoft.
By Claudia Rivera

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