Shares of Tesla Inc (NASDAQ: TSLA) were firmly in a downtrend to begin April, down significantly from their December all-time high. While the stock hasn’t set a fresh low in nearly a week, the broader picture remains one of weakening momentum and fading confidence.
That is what makes investor Cathie Wood’s latest move so interesting. Over the past week, her ARK funds have added roughly $28 million worth of Tesla stock, stepping in at a time when sentiment remains fragile, and the company's narrative is being questioned.
