Recently, Tesla (ticker: TSLA) stock has shown a downward trend, raising concerns that it may not be able to meet its first-quarter delivery targets.。Amid the recent weakness in the stock price, Cathie Wood's Ark Investment Management aggressively bought Tesla stock last Thursday (March 14)。

Ark makes a big move

On March 14, Ark's three actively managed exchange-traded funds bought a total of 216,682 Tesla shares.。162 per share at Tesla's closing price.At $50, the total value of the transaction was $35.21 million, broken down as follows.

• Ark Innovation ETF (ARKK): 161,956 Shares Purchased
• ARK Automated Technology & Robotics ETF (ARKQ): Buy 18,543 Shares
• Ark Next Generation Internet ETF (ARKW): Buy 36,183 Shares

Tesla at risk

Tesla stock has been in an overall downtrend since the end of 2021, and the decline has intensified since mid-2023.。This trend can be attributed to several factors:

1. Electric car market slows down: The entire electric car market is slowing down。
2. Rising interest rates: Higher rates are usually bad for growth stocks such as Tesla。
3. Strategic focus: Investors have expressed concerns about Tesla's transparency in communications, the lack of low-end models in the product line, and recent aggressive price cuts。

Analysts downgraded

A growing number of Wall Street analysts have cut Tesla's first-quarter delivery forecasts as market pressures mount, a reversal of previous optimism.。

In addition, some prominent investors have taken a bearish stance。Long-time Tesla backer Kevin Paffrath recently announced a short for the stock, predicting the stock could fall to $148 or even $101.。Future Fund (NYSE: FFND) 's Gary Black also significantly reduced the fund's Tesla stake.。

"Sister Wood" is still optimistic

Despite widespread market pessimism, Wood remains optimistic about Tesla and its long-term potential。Tesla remains the third-largest position in her flagship ARKK fund, accounting for 7% of her portfolio..36%, value reached 574.88 million dollars。

Other analysts, such as Wedbush's Daniel Ives, are also optimistic about Tesla stock, hoping that advances in artificial intelligence technology will boost its stock price in the coming years.。

Market performance

Tesla shares close down 4 on March 14, according to data.12%, at 162.$50, the lowest close since May 4, 2023; ARKK also fell 3.22%, closing at 48.74美元。