ARK releases their Tesla valuation (New bull case: $5,905)

Looks like they also increased their bull scenario to a stock price of $5,905 based on the excel sheet. Also, this is based on a five year horizon... I like Cathie Wood but this seems ridiculous.

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https://ark-invest.com/research/tesla-valuation-model?utm_campaign=Research%20Newsletters%202019&utm_source=hs_email&utm_medium=email&utm_content=73019069&_hsenc=p2ANqtz-8bXbyXB838bZp-N5ZnrJ-vtdLKtkmC6QxB3--SqmX0tQomEfmO0c5C2Fyt9W6acNgWPZaxWQWzTco_EF1RqMBJXOT3og&_hsmi=73019069

Submitted May 24, 2019 at 09:17AM by underthehills http://bit.ly/2VPAoH8