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ARK Investment Management LLC, managed by Cathie Wood, recently executed a significant transaction involving Tesla, Inc. ((TSLA)). The hedge fund reduced its position by 675,130 shares.
Recent Updates on Tesla, Inc. stock
Tesla (TSLA) has slipped about 4% over the past week and 5.1% over the past month, though it remains up 10.9% over 12 months, with Wall Street’s Hold consensus and a $402.47 average target implying modest downside from the recent $431.46 close. Despite this, Baird’s Ben Kallo reaffirmed a Buy and $548 target, citing a major investment phase with capex more than doubling, an AI-focused buildout, the shift from Models S/X to Optimus robots, and growing energy storage and new products like Robotaxi and Cybercab as long-term growth drivers.
Spark’s Take on TSLA Stock
According to Spark, TipRanks’ AI Analyst, TSLA is a Neutral.
The score is anchored by Tesla’s solid balance sheet and sustained cash generation but is held back by sharply weaker growth and profitability into 2025. Technicals are bearish (below key moving averages with negative MACD), and valuation is a major headwind given the very high P/E. The earnings call adds some support via margin improvement and energy/FSD/autonomy progress, but near-term delivery softness and the >$20B CapEx ramp raise execution and cash-burn risk.
To see Spark’s full report on TSLA stock, click here.
More about Tesla, Inc.
YTD Price Performance: -7.20%
Average Trading Volume: 72,058,211
Current Market Cap: $1595.6B