Stock Analysis | Wall Street Backs Tesla? Cathie Wood Spends Nearly $28 Million Buying Its Stock on the Dip

Cathie Wood's ARK Invest has purchased approximately $27.8 million in Tesla stock this week, reaffirming her belief in the company's transformation into a robotaxi and AI platform. ARK's model projects Tesla's robotaxi business to drive significant future value. This contrasts with deteriorating fundamentals, including Q1 2026 deliveries missing expectations and a record production-delivery gap signaling inventory buildup. BYD now leads EV manufacturing, and declining tax credits may further impact demand. JPMorgan maintains an "Underweight" rating, citing stagnating market share and narrowing technological leads, with a price target implying significant downside.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.