Is Tesla's $2,600 Price Target Still Valid Amid $350 Share Price?

Cathie Wood, CEO of Ark Invest, reiterated her $2,600 price target for Tesla, citing the company's commercialization of robo taxis, humanoid robots, and energy storage solutions. Tesla's stock was trading at $298 in May and is now at $350. Wood believes Tesla will dominate the $26 trillion humanoid robot market and become the number one global player. The Baron Focused Growth Fund also remains optimistic about Tesla's long-term growth prospects, citing secular trends in EVs and energy storage adoption, a compelling product line, and cutting-edge technology.

Cathie Wood, CEO of Ark Invest, has reiterated her bullish stance on Tesla Inc. (TSLA), setting a new price target of $2,600 by 2024. This forecast is driven by the company's advancements in commercializing robo taxis, humanoid robots, and energy storage solutions. Tesla's stock has seen a notable increase from $298 in May to $350 in September 2025 Tesla App Surge Hailed By Cathie Wood As Ark's Flagship ...^[1].

Wood believes that Tesla's commercialization of robo taxis and humanoid robots positions the company to dominate the $26 trillion humanoid robot market, making it the number one global player If You Invested $1,000 In Tesla Stock When Cathie Wood Made Her $4,000 Prediction, Here's How Much You'd Have Now^[2]. Additionally, the Baron Focused Growth Fund remains optimistic about Tesla's long-term growth prospects, citing secular trends in electric vehicles (EVs) and energy storage adoption, a compelling product line, and cutting-edge technology Tesla targets China's fast-growing humanoid robot market with ...^[3].

ARK Invest's conviction in Tesla is evident in its portfolio. As of September 8, 2025, Tesla makes up 11.16% of the ARK Innovation ETF (ARKK), equal to a market value of about $811.65 million Tesla App Surge Hailed By Cathie Wood As Ark's Flagship ...^[1]. This weighting is nearly double the fund's next largest holding, Roku Inc. (ROKU), which sits at 6.40% Tesla App Surge Hailed By Cathie Wood As Ark's Flagship ...^[1].

ARK's research paper highlights Tesla's scaling advantage. The company's Austin facility could produce enough vehicles to surpass the entire ride-hail fleet in the city in just nine days If You Invested $1,000 In Tesla Stock When Cathie Wood Made Her $4,000 Prediction, Here's How Much You'd Have Now^[2]. Furthermore, Tesla collects 40 times more real-world driving data daily than Waymo and nearly 900 times more globally If You Invested $1,000 In Tesla Stock When Cathie Wood Made Her $4,000 Prediction, Here's How Much You'd Have Now^[2].

The recent launch of Tesla's social media account on Weibo, China's answer to X, indicates the company's strategic move to promote its artificial intelligence technology in the country. The account, TeslaAI, showcases the Optimus robots and Tesla's advances in autonomous driving and driverless ride-hailing Tesla targets China's fast-growing humanoid robot market with ...^[3].

Tesla's expansion plans and regulatory tailwinds are also expected to drive growth. U.S. Transportation Secretary Sean Duffy has proposed easing federal safety standards to accelerate autonomous vehicle deployment, while Tesla confirmed its Robotaxi service in Austin is expanding to highways Tesla App Surge Hailed By Cathie Wood As Ark's Flagship ...^[1].

In conclusion, Cathie Wood's bullish view on Tesla is supported by the company's technological advancements and market potential. Investors should closely monitor Tesla's progress in commercializing its innovations and its growth prospects in the global market.

References:
Tesla App Surge Hailed By Cathie Wood As Ark's Flagship ...^[1] https://www.benzinga.com/markets/tech/25/09/47541090/tesla-app-surge-hailed-by-cathie-wood-as-arks-flagship-fund-bets-nearly-811-million-on-elon-musks-futuristic-vision
If You Invested $1,000 In Tesla Stock When Cathie Wood Made Her $4,000 Prediction, Here's How Much You'd Have Now^[2] https://www.benzinga.com/etfs/specialty-etfs/25/09/47529655/if-you-invested-1000-in-tesla-stock-when-cathie-wood-made-her-4000-prediction-heres-how-much-youd-have-now
Tesla targets China's fast-growing humanoid robot market with ...^[3] https://finance.yahoo.com/news/tesla-targets-chinas-fast-growing-093000787.html