I see that @ARKInvest is out with a new $TSLA price target. Haven& #39;t gotten into the details yet, but why should we take them seriously when they can& #39;t even format a site properly so that words at the end of a line are not cut off?
Did anyone proofread this before they put it out? Cause this is clearly wrong. Pretty sure $TSLA didn& #39;t do half a million vehicles in 2019

@TESLAcharts @StanphylCap @Keubiko @passthebeano @StockJabber @montana_skeptic @Paul91701736 @fly4dat
I& #39;m guessing they are trying to say that one year& #39;s capex led to the next year& #39;s production, but that& #39;s not how it is worded...
4. Going to continue this with some fun facts.

Apparently, @ARKInvest didn& #39;t know $TSLA reported Q4 2020 earnings yet, as they didn& #39;t get the delivery number right...
5. Here, the 2020 ASP times cars sold gets you like half a billion dollars below their revenue number. But for 2025, it& #39;s a lot closer. What gives?
6. $TSLA total gross margin figure in 2020 was $6,630m, which comes out to a 21.02%. So how does this exclude credits for the total business?
7. So despite Elon Musk& #39;s massive pay package, all those convertible bonds, future stock-based compensation, and a buyback that becomes tiny with a soon to be $4 trillion market cap $TSLA share count will basically be flat from here.
8. Tesla 10-K filing shows $12.269 billion raise from common stock sales. Did @arkinvest forget about the December 2020 raise?
9. I& #39;m done. I can& #39;t take this stupidity anymore. If you& #39;re gonna put a model out in late March, you could at least get last year& #39;s numbers right.

This really isn& #39;t worth spending more time on. It& #39;s a complete joke, which fits in with what we& #39;ve seen from @ARKInvest recently.
10. To summarize, if you thought @ARKInvest had any credibility, they lost even more of it here.

@TESLAcharts @StanphylCap @TeslaAgnostic @passthebeano @fly4dat @montana_skeptic @Paul91701736 @Keubiko @zerohedge @QTRResearch @StockJabber @cppinvest
11. How many minutes after 9am on Monday will @jimcramer take to start pumping the laughable Ark Invest model? I say less than 10.
12. Fun fact: You won& #39;t find another model as detailed as this for any other Ark Invest holding.
14. If a first year equity research associate in charge of proofreading let an analyst& #39;s note with so many errors like this get through that everyone mocked the analyst, that associate would probably be fired on the spot.
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