Price Prediction
ARK Invest Forecasts Tesla Stock at $4,400 in 2031
ARK Invest, led by CEO Cathie Wood, projects Tesla shares could reach $4,400 in 2031 under a model assuming approximately $225 billion in cumulative AI infrastructure spending. The forecast ties future value to robotaxi services and humanoid robots. Tesla’s infrastructure plans include the Tesla-SpaceX Terafab chip project, with an initial $16.8 billion construction commitment in Grimes County, Texas. ARK’s analysis suggests Tesla’s operating costs per mile could be approximately 40% below those of Waymo’s next-generation robotaxi, due to vertical integration and camera-based autonomous driving.