According to ARK's research, self-driving online car-hailing...
According to ARK's research, self-driving online car-hailing can turn cars — stranded assets that are used less than 5% of the day — into assets that generate significant recurring cash flow: each Tesla self-driving car-hailing can generate around $20,000 a year,” wrote Tasha Keeney, ARK's director of investment analysis.
Gini added that this will help Tesla's stock price reach Ark's target of $4,600 per share in 2026, up 2,500% from current market levels
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