Ark Invest just added more Tesla stock to their portfolio, betting big on the company hitting $2,600 per share by 2029 — with 88% of that value tied to robotaxis. Despite delays in Tesla’s robotaxi rollout due to safety upgrades, Ark sees opportunity: early tests of software v15 are showing promise, and autonomous miles are growing steadily. With a wide margin of safety in their valuation, Ark’s long-term bet remains intact — even if the timeline slows, the upside is still massive for believers in Tesla’s future.
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