Cathie Wood's Ark Invest has been one of the most vocal supporters of and investors in Tesla (TSLA -0.09%), and it's no secret in the investing world that Ark has a $2,600 price target on the stock for 2029. Still, what does that target mean, and does Ark's reasoning make sense? Here's the lowdown.Ark Invest's$2,600 price targetThe investment company's price target won't be "right," but then again, it's not supposed to be. It's an expected case scenario produced by a Monte Carlo simulation. In other words, ...