Cathie Wood Buys More Tesla Amid AI Push | Raleigh News

Cathie Wood just added to her Tesla stake amid mixed earnings and a 14% stock drop, as Tesla lags the Magnificent Seven with a 30% decline this year. Despite her flagship ETF underperforming, Wood remains bullish on AI and robotics, seeing them as deflationary forces that fuel innovation. Tesla’s revenue beat, but margins dipped — yet its AI and Robotaxi push, led by Elon Musk, continues to excite analysts. Wood, who once predicted Tesla hitting $9 trillion, recently rode in a driverless car and joked about new parking fees — underscoring her conviction that Tesla’s future is still bright. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7c555778c7fca3a0