# Cathie Wood: Tesla to $2,600 by Dec 31, 2029

Updated Sep 29, 2026 · Web page: https://predictionverifier.com/predictions/cathie-wood-tesla-2600-by-2029/

As of September 29, 2026, Cathie Wood's prediction that Tesla would reach $2,600 by December 31, 2029 is open. Cathie Wood made the call in Fortune on June 13, 2024, when Tesla was at $177.29. The target calls for a 1,367% rise in five years and seven months.

| Field | Value |
|---|---|
| Status | Open |
| Person | [Cathie Wood](https://predictionverifier.com/people/cathie-wood/) |
| Asset | [Tesla (TSLA)](https://predictionverifier.com/assets/tesla/) |
| Outlet | Fortune |
| Said on | Jun 13, 2024 |
| Quote | “The same day, Cathie Wood, CEO of ARK Invest, appeared on CNBC to champion her firm’s new, breathtakingly bold projections for Tesla’s stock price. Wood posited that the EV leader’s shares would hit $2,600 by 2029, almost 15-fold its current level of $175.” |
| Price when said → target | $177.29 → $2,600 |
| Change | +1,367% from the price when said |
| Deadline | Dec 31, 2029 |
| Source | [Fortune](https://fortune.com/2024/06/15/cathie-woods-stunning-new-2600-tesla-prophecy-and-wall-streets-nvidia-stock-prediction-share-an-often-overlooked-investing-truth/) |
| Archive | [Archive](https://web.archive.org/web/20250723223734/https://fortune.com/2024/06/15/cathie-woods-stunning-new-2600-tesla-prophecy-and-wall-streets-nvidia-stock-prediction-share-an-often-overlooked-investing-truth/) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#touch) |
| Public ID | #370e2 |

## What was said

[Cathie Wood](https://predictionverifier.com/people/cathie-wood/) · Founder, Chief Executive Officer and Chief Investment Officer, ARK Invest · 3 predictions · 1 hit · 2 open

Fortune, Jun 13, 2024 · [Source](https://fortune.com/2024/06/15/cathie-woods-stunning-new-2600-tesla-prophecy-and-wall-streets-nvidia-stock-prediction-share-an-often-overlooked-investing-truth/) · [Archive](https://web.archive.org/web/20250723223734/https://fortune.com/2024/06/15/cathie-woods-stunning-new-2600-tesla-prophecy-and-wall-streets-nvidia-stock-prediction-share-an-often-overlooked-investing-truth/)

> The same day, Cathie Wood, CEO of ARK Invest, appeared on CNBC to champion her firm’s new, breathtakingly bold projections for Tesla’s stock price. Wood posited that the EV leader’s shares would hit $2,600 by 2029, almost 15-fold its current level of $175.

The article says Wood was presenting ARK Invest's new projections for Tesla, backed by a report from three ARK analysts issued the previous day. According to the article, that report expects Tesla to reach an enterprise value of about $8.2 trillion and revenues of about $1.2 trillion within five years, with the business built around robo-taxis running on Tesla's software.

## How we checked this

The prediction comes true if any daily close from Jun 13, 2024 to Dec 31, 2029, inclusive, is at or above $2,600. Prices are daily closes, not intraday highs.

- Price when said: $177.29 (Jun 12, 2024) · [price data](https://www.cnbc.com/quotes/TSLA)

[How we check predictions](https://predictionverifier.com/how-we-check-predictions/)

## Related

### Revised later

- [Cathie Wood: Tesla at or above $2,600 on Jun 10, 2030](https://predictionverifier.com/predictions/cathie-wood-tesla-2600-by-2030/) · Open · $308.58 → $2,600 · Deadline Jun 10, 2030 · #ce54b
  “Our prediction in five years is $2,600, and 90% of that valuation comes not from the electric vehicle, but from this robotaxi platform.”

## More from Cathie Wood

- [Cathie Wood: Tesla to $7,000 by Feb 5, 2025](https://predictionverifier.com/predictions/cathie-wood-tesla-7k-by-2025/) · Hit · $59.14 → $466.67 (split-adjusted) · Deadline Feb 5, 2025 · #9cb39
  “Our confidence level that this stock is heading for $7,000 over the next five years is very high”

## Other Tesla predictions

- [Dan Ives: Tesla at or above $400 on Nov 11, 2025](https://predictionverifier.com/predictions/dan-ives-tesla-400-by-2025/) · Hit · $321.22 → $400 · Deadline Nov 11, 2025 · #9b02e
  “Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300.”
- [Dan Ives: Tesla at or above $300 on Jul 2, 2025](https://predictionverifier.com/predictions/dan-ives-tesla-300-by-2025/) · Hit · $209.86 → $300 · Deadline Jul 2, 2025 · #db009
  “Wedbush analyst Dan Ives raised his price target on Tesla after the electric vehicle company posted better-than-expected deliveries in the second quarter. The tech analyst hiked his 12-month price target on the Elon Musk -led company by 9%, to $300 from $275 previously.”
- [Dan Ives: Tesla at or above $315 on Jan 25, 2025](https://predictionverifier.com/predictions/dan-ives-tesla-315-by-2025/) · Hit · $207.83 → $315 · Deadline Jan 25, 2025 · #72099
  “Ives slashed his 12-month stock price target for Tesla by 10% to $315, which still implies about 52% upside from Wednesday's close.”

## More on this prediction

- [Cathie Wood's price predictions](https://predictionverifier.com/people/cathie-wood/)
- [Tesla price predictions](https://predictionverifier.com/assets/tesla/)

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