Cathie Wood, known for her disruptive stock picks, trimmed her Tesla holdings last week, selling 23,110 shares for $11.2 million. Despite the sale, ARK Invest remains a major Tesla shareholder, with Tesla holding an 11.9% weightage in their portfolio. Tesla’s stock is up 18% year-to-date, outperforming the broader market. Tesla is positioning itself as an AI platform with a focus on robotaxis and humanoid robots, but its core business is facing challenges. Wall Street has a mixed view on Tesla, with an overall “Hold” rating and a high price target of $600.

Read more at Barchart: Is TSLA Stock a Buy, Hold, or Sell Now?