On Saturday, ARK published an update (https://ark-invest.com/research/tesla-price-target#fn-65404-4) to its Tesla(TSLA) valuation model, saying it now expects the stock to be worth $7,000 by 2024 -- and that's the base case. In a bull case, Tesla shares would trade at, or above, $15,000. The bear case puts the stock at $1,500, or about 2.5 times current trading levels.