Nearly the last six months, Ark Invest has sold nearly a million Tesla shares.
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Tesla (TSLA) Uber Bulls have made Cathie Wood and Ark Invest into something of a poster kid.
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For many years, Ark has been a significant investment in the business.
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The company increased its price objective this year to $2,000 per share by 2027.
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An increase equivalent to about ten times the stock's present value.
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Ark claims that the foundation of this approach is based on artificial intelligence and driverless taxis.
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According to Ark, by 2030, the currently struggling robotaxi business will generate about $10 trillion in income.
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And the company believes Tesla is best positioned to rule that market.
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