Cathie Wood of Ark Invest is a big fan of Tesla, with the company being the top holding across multiple ETFs. Tesla’s Robotaxi app had a successful debut, showing potential in the autonomous taxi market. The ARKK ETF, managed by Ark Invest, focuses on disruptive technologies and has outperformed TSLA this year. While analysts are divided on TSLA stock, Wood sees Tesla as the “largest AI project” with huge market potential. Investors looking to hedge their bets on Tesla may consider the ARKK ETF for exposure to innovative technologies beyond Tesla.

Read more at Yahoo Finance: This Is How You Can Hedge Your Bets on Tesla Stock and ‘The Largest AI Project on Earth’