How much $1,000 invested in Tesla stock today may be worth in 2027
- Tesla is one of the world’s most valuable companies
- Seasoned investor Cathie Wood believes this is just the start
- She believes that Tesla stock will 10x by 2027
Published on Jan 23, 2024 at 7:00 PM (UTC+4)
by Amelia Jean Hershman-Jones
Last updated on Jan 24, 2024 at 1:23 PM (UTC+4)
Edited by
Alessandro Renesis
An esteemed financial expert has predicted how much an investment of $1,000 in Tesla stock today will be worth in 2027 – and the ROI might surprise you.
CEO of Ark Invest, Cathie Wood, was one of the first to bet big on Tesla back in 2018.
She forecast that Tesla stock prices would skyrocket from $350 at the time to a high of $4,000 (however, her lower bet was a more modest $600).
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A smart move considering that Elon Musk is now the richest man in the world – with unprecedented wealth despite record breaking financial losses.
Tesla’s value has indeed done as she predicted – predictions that went against more modest and conservative estimates at the time.
While an element of luck is necessary, the savvy CEO certainly makes a good case for investing in Tesla being a savvy financial move, per financial news outlet, Benzinga.
Shares are currently trading at around $210-220 each.
Wood believes that the price will skyrocket to $2,500 by 2027.
Worst-case scenario they’ve set at $1,400.
Taking their top prediction, investing $1,000 today could return $11,625.
That’s a 1,062% increase on the original investment.
While this is speculation, Tesla remains a “favorite stock” of Wood and Ark Funds.
Her reasoning is that Tesla is diversifying even more smartly compared to a half-decade ago – with the Tesla Cybertruck and its surprisingly high cost just one part of the puzzle.
In fact, a Chinese company has overtaken Tesla as the top EV maker globally.
While Tesla sold nearly 2 million vehicles last year, this still wasn’t enough to beat the best-selling EV brand, BYD.
BYD stands for ‘Build Your Dreams’.
In 2023, BYD sold around 3 million vehicles, while Tesla ‘only’ sold 1.8 million.
BYD, an automaker that in the past was mostly focusing on its domestic market in China, is now expanding rapidly.
In 2024, you can buy a BYD in just about any country where you can buy a Tesla.
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All Supercar Blondie contributors undergo editorial review and fact-checking to ensure accuracy and authority in automotive journalism. After gaining her BA Hons in French and English at the University of Nottingham, Amelia embarked on a vocational diploma from the National Council for the Training of Journalists (NCTJ). This led to numerous opportunities, from interning at Vogue to being on the small team that launched Women’s Health magazine in the UK, which was named the PPA Consumer magazine of the year for three years running. As Health, Beauty and Fitness editor, Amelia personally received a Johnson & Johnson Award and was shortlisted for both PPA and BSME titles. Since then, Amelia has created content for numerous titles and brands, including the Telegraph, 111 Skin, Waitrose, Red magazine, Stylist, and Elle, as well as being Head of Content at Vitality and Editor in Chief at INLondon magazine. “My superpower is translating technical jargon about the mechanical workings of a supercar into a relatable story you’ll want to share with your friends after you’ve read it.” After joining the SB Media family as a senior journalist in September of 2023, Amelia’s role has evolved to see her heading up the SEO output of the editorial team. From researching the most ‘Google-able’ key terms to producing evergreen content - it’s been a time of hard work, growth, and success for the editorial team and the Supercar Blondie website. “I like to think of myself as a ‘method journalist’. In other words: I live and breathe whatever I am writing about. When writing about fitness, I trained as a personal trainer, and as a beauty editor, I completed an ‘expert’ in scent diploma with the Fragrance Foundation. “During my tenure at Supercar Blondie, however, I did something I never thought possible: I passed my driving test at the age of 36. One day I’d love to train as a mechanic to better understand what happens under the hood, too. “My sweet spot is providing readers with a ‘takeaway’ (read: something new they didn’t know before) after reading every one of my stories. While I don’t claim to be an expert in the automotive world, I know the experts and bodies in the field to rely on to provide our readers with an informative and thought-provoking story every time they visit the site.”
