Tesla's Bull ARK Invest, Rate TSLA Strong Buy Adding Price Could Reach $1,400
Tesla to announce its third-quarter 2021 financial results on Wednesday 20 October after markets close.
Tesla shares closed lower at $861.29, shares of TSLA have jumped 12% since reporting quarterly production and deliveries earlier this month.
Throughout the third quarter, Tesla built approximately 238,000 vehicles, while delivering more than 240,000 new cars. Those numbers beat Wall Street expectations by 10,000 to 15,000 new vehicles.
Production and delivery tallies for the third quarter include 8,941 new Model S/X vehicles with 9,275 new deliveries and 228,882 new Model 3/Y vehicles with 232,025 new deliveries.
Tesla stock predictions
In March, ARK Invest, a US-based investment management firm, estimated Tesla stock could reach $1,400 per share by 2024 and more than double that mark in 2025 to peak at $3,000.