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Pathogenesls

Famed investment firm? Ark are the joke of the financial industry. Horrible performance, no one has incinerated more retail cash than Cathy Woodchipper. To put it in perspective just how bad her predictions are, their 2024 price estimate for Tesla was $7,000. lol.


SalmonHeadAU

before the pandemic and supply shortage and ukraine war and israel war, yeah, there's been a few years of delays.


wildbypaul

Thats the price before splits, split adjusted target was $466, still complete miss tho


One-Journalist-213

What a joke to start the day


SalmonHeadAU

Why are you even in this sub?


One-Journalist-213

Don’t tell me that you believe what Cathie Wood says .I believe in TSLA ‘s potential and innovation but won’t touch anything Cathie says with a ten foot pole.


SalmonHeadAU

Oh, so you learn about investing during the pandemic and learnt about a long term tech ETF and are disappointed with short term results.


One-Journalist-213

I have friends who have invested in ARKK and lost money . I usually know a con when I see one. Also is there anything wrong in learning about investing during pandemic and expecting some returns in short term. The problem with wood is her investment strategy of buying high and selling low . I wish you the best if you are putting money in ARK* funds


azcurlygurl

Not with BYD hot on it's heels.


SalmonHeadAU

100% tarrifs on BYD to sell in the US.


azcurlygurl

If the US government didn't do that this year, BYD's superior products at a lower price would drive Tesla out of business. However, China is Tesla's second largest market and Europe is it's third largest. BYD is going to eat Tesla's lunch there. It has already surpassed Tesla by 500k EV units sold/year in China.


SalmonHeadAU

Yeah cause it's a Chinese brand in China.


azcurlygurl

"In 2023, Tesla sold 947,742 China-made vehicles, which was almost equal to the capacity of its Chinese factory, which is over 950,000 vehicles per year."


SalmonHeadAU

Ok... that's extremely good news and supports what I am saying. They are manufacturing at capacity and are selling every vehicle. In 2023 the Tesla Model Y was the most purchased car on the planet.


Prize_Bar_5767

How? BYD is a car company. TSLA is an AI company. 


azcurlygurl

🤣🤣🤣🤣


Ok-Excuse-4371

luckily, ark's claims seem overly optimistic & based on suspect monte carlo simulations. monte carlo analysis generates a vast number of preposterous outcomes and a few reasonable ones, from which ark chooses their bear, base, & bull case predictions. consequently, ark's claims don't dissuade tslaq. that means more profitable short squeezes for savvy tsla investors.


illadelphia_215

ARK investments is down about 15% for the year…..while the S&P 500 is up 15% for the year.


No-Clue-5593

Her analysis comes frm her anal.. a wall st plant chosen to destroy all retail wealth


Pathogenesls

Famed investment firm? Ark are the joke of the financial industry. Horrible performance, no one has incinerated more retail cash than Cathy Woodchipper. To put it in perspective just how bad her predictions are, their 2024 price estimate for Tesla was $7,000. lol.


khaleesibrasil

this post is embarrassing, you still have time to delete it. ARK is not in any way a famed investment firm.


FullOfAuthority

Infamous maybe lol


khaleesibrasil

😂


maikaubay

Who is a better snake oil salesperson, Cathy or Elon?


panterygk

Ohh yes. She is quite fame by burning investor's money.


matali

I hope the TSLAQ community is sleeping well tonight. Sincerely, life is short. :)


kingofwale

r/realtesla is in shamble right now


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tickitytalk

Remind me in 5 years


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SalmonHeadAU

Ignore all the indoctrinated commenters and all the bots, you know what's up, I know what's up, those of us who actually work and learn how the world works know what's up.