ARK Invest forecasts Tesla stock at $4,400 in 2031, driven by robotaxi business

ARK Invest projects Tesla's 2031 enterprise value near $4,400 per share, with robotaxi services accounting for approximately 80% of that value. The model forecasts 8.1 million robotaxis generating $753 billion in net ride-hail revenue by 2031, while Optimus humanoid robot contributions add $212 billion. Tesla's cumulative AI infrastructure spending is expected to reach $225 billion by 2031.