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ARK Investment Management LLC Reduces Tesla Holdings

Confident Investing Starts Here:

ARK Investment Management LLC, managed by Cathie Wood, recently executed a significant transaction involving Tesla Motors ((TSLA)). The hedge fund reduced its position by 28,594 shares.

Spark’s Take on TSLA Stock

According to Spark, TipRanks’ AI Analyst, TSLA is a Outperform.

Tesla’s overall score reflects its strong financial foundation and positive future outlook in autonomous technology and energy storage. However, high valuation metrics and operational challenges such as delivery declines and tariff impacts temper the score. While technical indicators suggest potential momentum, the stock’s high P/E ratio signifies reliance on future growth.

To see Spark’s full report on TSLA stock, click here.

More about Tesla Motors

YTD Price Performance: -16.06%

Average Trading Volume: 121,788,157

Current Market Cap: $1024.1B

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