TESLA STOCK ANALYSIS - ARK INVEST HAS A $3000 PRICE TARGET! In this video, we are going to be discussing ARK Invest's new $3,000 price target for Tesla. We will touch on their expectations in regards to Tesla's manufacturing capabilities, Tesla's insurance business, Tesla's ride-hailing business, and autonomous driving. Enjoy! Reference Links: ARK Invest Price Target - https://ark-invest.com/articles/analyst-research/tesla-price-target-2/ Monte Carlo Model - https://www.investopedia.com/terms/m/montecarlosimulation.asp Welcome to my new YouTube Channel, The Beat of Business. Please subscribe to my channel for all the latest and greatest in investing, technology, and business in general. About Me: Ravi Wadan is a Tacoma, WA native with a keen interest in the capital markets, music, and technology. Professionally, Ravi has worked in the asset management industry for the past ten years in a variety of different roles. He is an avid musician and loves to travel the world. The purpose of this blog is to discuss current events, emerging technologies, and investing opportunities. Ravi did his undergrad at the University of Washington and has a Master of Science from Columbia University in New York City. My music on Spotify, Apple Music, and iTunes: Spotify: https://open.spotify.com/artist/1rtHM23JYOSz5IdzWK1aH0?si=v5-Q5hvoTXCWcQFC1qM3uA Apple Music: https://music.apple.com/us/artist/ri-productions/1507399186 Follow me: Instagram: https://www.instagram.com/riproductions/ Twitter: https://twitter.com/RIProductions LinkedIn: https://www.linkedin.com/in/raviwadan/ Personal Website: www.thebeatofbusiness.com Table of Contents 0:00 - Introduction 2:35 - What is the ARK Innovation Fund 4:56 - Tesla's Price Target 6:15 - Tesla's EV Business Projections 6:54 - Tesla's Insurance Business Projections 8:33 - Tesla's Ride-Hail Business Projections 9:37 - Ravi's Final Thoughts