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's Ark Invest maintains a $1 billion Tesla position and remains bullish despite Tesla underperforming other Magnificent Seven stocks in 2026. Ark has raised its long-term price target to $4,600 per share, with 90% of the valuation based on Tesla's robotaxi opportunity. While Tesla's cost advantages in robotaxi production are well-founded, investors should expect a multi-year holding period with significant volatility as timelines for robotaxi deployment have been pushed back to 2030.