Cathie Wood Never Sold Ark's Core Stake in Tesla Despite the Stock Trailing Every Other Magnificent Seven Name in 2026. Here's Why Her Multi-Year Conviction Hasn't Wavered.
Cathie Wood remains very bullish on Tesla stock.
Tesla's stock has experienced significant fluctuations in recent years, with its price soaring to nearly $400 per share in 2021 before plummeting to around $100 per share in 2023. The stock then rebounded above $400 in 2025, only to drop below $250 that same year. Currently, Tesla's stock trades at approximately $350 per share, valuing the company at a $1.1 trillion market cap.
Despite these dramatic swings, Ark Invest, led by Cathie Wood, has maintained its substantial investment in Tesla. The firm's exposure to the electric vehicle giant has waxed and waned over the years, but remains a cornerstone of Ark Invest's portfolio. With a $1 billion stake in Tesla, the company is one of the largest holders across all its funds.
Ark Invest remains highly bullish on Tesla's long-term potential, projecting a price target of $4,600 per share. This represents a substantial increase from its previous target of $3,000 per share. Regardless of the target, Wood and her team are confident in Tesla's ability to deliver extraordinary returns for patient investors.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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