From Yahoo Finance: 2025-03-28 18:35:00

The S&P 500 index saw a strong start to the week after worries about tariffs eased. Mega-cap stocks, like Tesla (TSLA), are affected by market uncertainty. Tesla has lost value, with sales dropping in Europe. Despite this, ARK Invest’s Cathie Wood remains optimistic, predicting a $2,600 stock price in 5 years.

ARK Autonomous Technology and Robotics ETF, with Tesla as a 10% holding, has only dropped 6%. Wood sees Tesla’s future value in robotaxis, predicting they will make up 90% of the company’s worth in 5 years. Despite its potential, Tesla ranks 10th on a list of mega-cap stocks gaining bullish momentum this week. For higher returns, some AI stocks may offer better opportunities.



Read more at Yahoo Finance: Is Tesla (TSLA) The Mega Cap Stock Gaining Bullish Momentum This Week?