CEO Elon Musk touted FSD as the “largest value increase in human history” and projected Tesla would be producing “hundreds of millions” of Optimus humanoid robots annually within a few years.
On Tuesday, Jan. 28, 2025 Cathie Wood-led Ark Invest sold shares of Tesla ahead of its fourth-quarter earnings. Wood purchased Amazon shares on the same day.
Over the weekend, the Tesla CEO virtually addressed a rally for Germany’s far-right party, making controversial remarks about moving beyond Germany’s Nazi history.
On Monday, Jan 27, 2025 Cathie Wood-led Ark Invest purchased shares of Nvidia-rival AMD through its ARKW fund. The transaction was valued at $4.89 million.
The market has largely interpreted the move as positive for Tesla’s margins, especially as Trump’s administration prepares to roll back pro-EV policies and eliminate tax rebates.
The analyst also raised his bull case target to $650, noting that Tesla could achieve a $2 trillion market cap by the end of 2025 as its autonomous technologies, including the Cybercab, begin to take shape.
The brokerage notes that once Tesla’s current launch pipeline is fulfilled, the focus will likely shift from new car releases to popularizing full self-driving software.
Morgan Stanley’s Adam Jonas says investors are now largely focused on advancements in Tesla’s Full Self-Driving, robotaxis and Optimus humanoid robot rather than the core auto segment.
Ark Invest made significant trades involving Tempus AI, CRISPR Therapeutics, UiPath, Roblox, Reddit, Accolade, and Ibotta. ARKG and ARKK funds bought shares, while ARKW and ARKF funds sold shares.
Biographer Seth Abramson, who says he is writing a biography of Elon Musk, has expressed concerns over the mental health of the billionaire entrepreneur.
