ARK Invest Scoops Up $14.3M in Tesla (TSLA) Stock Amid Post-Earnings Dip

Key Highlights

• ARK Invest purchased 39,691 shares of Tesla valued at $14.3M spread across three exchange-traded funds on April 6, 2026
• Tesla’s stock declined more than 2% to close at $352.82 following disappointing first-quarter delivery figures
• ARK disposed of 25,240 Teradyne shares valued at $7.8M, marking the third consecutive week of selling
• Wedbush’s Dan Ives maintained his Buy recommendation with a $600 price target for Tesla
• JPMorgan analyst Ryan Brinkman held firm on his Sell rating with a $145 valuation

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Cathie Wood’s investment firm ARK Invest executed several notable portfolio adjustments on Monday, April 6, 2026, accumulating additional Tesla shares while reducing exposure to semiconductor testing equipment manufacturer Teradyne.

Tesla’s stock price experienced a decline exceeding 2% during Monday’s session, settling at $352.82. The downturn followed the electric vehicle manufacturer’s release of first-quarter delivery figures that fell short of market expectations.

Tesla, Inc., TSLA

Wood’s firm acquired 39,691 Tesla shares distributed among three exchange-traded funds: ARK Innovation, ARK Autonomous Technology & Robotics, and ARK Space Exploration & Innovation. The aggregate purchase totaled approximately $14.3 million.

This acquisition represents a continuation of ARK’s strategy. The investment firm has been consistently expanding its Tesla holdings, capitalizing on recent price pullbacks as strategic entry points.

Simultaneously, ARK divested 25,240 shares of Teradyne valued at $7.8 million from its ARKK and ARKQ portfolios. This transaction follows previous sales executed on March 30 and March 31, indicating a systematic reduction of the semiconductor testing company from its holdings.

Analyst Community Remains Divided on Tesla’s Outlook

Wood’s bullish stance on Tesla isn’t universally shared across the analyst community.

Wedbush’s Dan Ives, who carries a five-star analyst rating, reaffirmed his Buy recommendation along with a $600 price objective following the delivery disclosure. He acknowledged the underwhelming results but emphasized that subdued demand had been widely anticipated among market analysts.

Conversely, JPMorgan’s Ryan Brinkman maintained his bearish perspective. He preserved his Sell rating accompanied by a $145 price target, characterizing Tesla’s performance as having “collapsed” across critical operational metrics.

The stark contrast between these price projections—$145 versus $600—underscores the profound disagreement within the analyst community regarding the stock’s trajectory.

Analysis of 32 analyst assessments compiled over the past three months reveals Tesla carries a consensus Hold rating. The breakdown includes 13 Buy ratings, 11 Hold ratings, and 8 Sell ratings.

The mean price target stands at $393.97, implying approximately 11.66% potential appreciation from Monday’s closing price.

Additional ARK Portfolio Adjustments on April 6

ARK executed several other portfolio modifications during Monday’s trading session, divesting 29,773 shares of BWX Technologies for $6.4 million and 8,484 shares of Cameco worth $955,043.

The investment firm also liquidated 92,758 shares of Strata Critical Medical, generating approximately $384,945 in proceeds. This selling activity has persisted since the previous week.

On the acquisition front, ARK added 4,394 shares of Kodiak AI through its ARKQ fund, representing a $32,603 investment. ARK has been steadily accumulating Kodiak AI shares since March 30.

Current Market Position

As of the April 6 trading session close, Tesla shares were priced at $352.82, while the consensus analyst target of $393.97 indicates moderate upside potential from present valuation levels.

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