The most bullish analysts and investors, however, say that selling cars is only one of Tesla’s many potential endeavors. Active exchange-traded fund manager Ark Investment Management, a shareholder and one of the most ardent bulls on the stock, estimates the company’s share price will reach $7,000 by 2024. That calculation assumes Tesla will not only make electric cars much more efficiently than traditional ones with internal combustion engines, but also operate a fully autonomous taxi network.

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