From Nasdaq:

Cathie Wood’s Ark Innovation ETF has over $9 billion in assets and focuses on disruptive and innovative businesses with long-term growth potential, making Tesla its third-largest holding. Yet, with Tesla’s profitability taking a hit and its operating margin declining, investors may want to wait till they see consistent signs of improvement before adding it to their portfolio.

The once remarkable growth and profitability of Tesla are wavering as it faces declining profits and a more price-competitive market. This has made potential investors apprehensive about its future growth potential, even as the company remains a disruptor with ambitions to secure a significant share of the future robotaxi market, which is projected to generate $9 trillion in revenue by 2030.

Tesla remains a company with future growth potential and has made it to Motley Fool’s ten best stocks for investors to buy right now. However, as the market faces increased uncertainty and Tesla struggles with profitability, it may be best for investors to practice patience and wait for consistent signs of improvement before investing.



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