Tesla stock has seen a lot of volatility lately, and the icing on the cake is ARK's new price target. ARK Invest believes Tesla shares will be worth $2,600 in 2029 based on their potential in vehicle autonomy and autonomous ride hailing. Before we dismiss the price target as "crazy," we decided to download ARK's model and investigate how they came to this conclusion. Their model is actually quite intuitive and intricate, allowing users to customize over 30 different parameters. We'll look at ARK's model as well as traditional financial metrics to see if Tesla stock is overvalued or not. RESEARCH PIECES USED IN THIS VIDEO: 1. Why Tesla's Valuation is So High https://www.youtube.com/watch?v=UNmxIOrhWUI 2. Here’s Why Short Sellers Are Shorting Tesla https://www.nanalyze.com/2020/07/why-short-sellers-shorting-tesla/ 3. Is Tesla Toast? https://youtu.be/f3fh8KFLkWE 4. Is Tesla Going Bankrupt? | A Tesla Bankruptcy Analysis https://www.youtube.com/watch?v=7BSTEVR8RGU CHAPTERS: 00:00 ARK's Tesla price target 02:06 Tesla robotaxi 03:26 Political and regulatory risks 04:52 The ride hailing thesis 06:51 Valuing Tesla stock using ARK's model 11:24 Valuing Tesla stock using traditional metrics 13:54 Tesla's revenue segments 15:03 Competition from China ABOUT US: This video is brought to you by Nanalyze, a media and research firm founded by finance professionals with decades of experience. We share insights about #DisruptiveTechnology #stocks in a language that is future-proof and easy to understand. Read all the Nanalyze Premium articles you'd like for free! Sign up for a 30-day trial of our monthly subscription with no strings attached: https://www.nanalyze.com/subscription-plans/?utm_source=youtube DISCLAIMER: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, along with independently researching and verifying, any information contained within our YouTube videos or on our website, whether for the purpose of making an investment or otherwise. #Tesla #teslastock #teslastockupdate #teslastocknews #teslapricetarget #TSLA $TSLA