This Is How You Can Hedge Your Bets on Tesla Stock and ‘The Largest AI Project on Earth’

Cathie Wood, the CEO of Ark Invest, is an unabashed fan of Tesla (TSLA). The electric vehicle (EV) company is investing heavily in robotaxis and currently is the single-largest holding in the company’s Ark Innovation ETF (ARKK), with a market value of $1.2 billion. But it doesn’t stop there. Tesla is also Ark Invest’s top holding in two other ETFs, although with smaller positions. In all, Ark Invest holds $1.56 billion in Tesla stock, with most in the ARKK ETF. More News from Barchart ETF Weighting M ...