# Tesla Rises 4% as ARK Sets $4,400 Target

> ARK Invest reiterates $4,400 Tesla price target by 2031 as robotaxi thesis gains traction.
- Title: Tesla Rises 4% as ARK Sets $4,400 Target · 24/7 Wall St.
- Summary: ARK Invest reiterates $4,400 Tesla price target by 2031 as robotaxi thesis gains traction. Tesla shares rose 4% after ARK Invest maintained a $4,400…
- Keywords: tesla, ark invest, robotaxi, price target, tesla stock, rivian, lucid, Rises, ARK, Sets, 400, Target
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/27/tesla-rises-4-as-ark-reiterates-4400-long-term-price-target-on-robotaxi-thesis-rivian-gains-3-lucid-holds-steady
- Author: David Moadel
- Published: 2026-10-27T16:55:17+00:00
- Read time: 1 min
- Topics: tesla, ark invest, robotaxi, price target, tesla stock, rivian, lucid
## Tesla Rises 4%
Tesla stock climbed 4% to $406.31 in afternoon trading.
## ARK Reiterates $4,400 Target
ARK Invest repeated its base-case price target of $4,400 per Tesla share by 2031.
## Robotaxi Thesis Drives Value
Most of Tesla’s enterprise value by 2031 comes from robotaxis under ARK’s model.
## Rivian Gains 3%
Rivian Automotive stock rose 3% to $11.72.
## Lucid Holds Steady
Lucid Group stock rose 0.2% to $3.41.
## SpaceX Merger Potential
Tesla and SpaceX form special committees to evaluate potential merger.
## Investor Caution Ahead
Investors should keep positions modest until merger review concludes.
## Key takeaway

Tesla shares rose 4% after ARK Invest maintained a $4,400 long-term price target for Tesla shares by 2031 based on robotaxi adoption.