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ARK Invest Acquires 20M Tesla Shares After Stock Drop

Tesla’s Stock Slide: ARK Invest Makes a Bold Move As a fervent admirer of all things Tesla, I find myself oscillating between exhilaration and trepidation as I observe the ebbs and flows of TSLA stock. Recently, a significant development caught my eye—ARK Invest, led by the ever-visionary Cathie Wood, scooped up a staggering 20 million shares of Tesla following a notable stock slide. This bold maneuver begs the question: Is this a masterstroke of market timing or a perilous plunge into turbulent waters? The Stock’s Rollercoaster Ride Tesla's stock has always been a wild ride, and this latest dip showcases its volatility. With shares tumbling, the opportunity for ARK Invest to bolster its position in such a transformative company is intriguing, to say the least. Key Points: ARK’s Strategy : ARK Invest's decision to load up on Tesla shares highlights their unwavering belief in the company’s future potential. Market Reaction : The stock slide might alarm some investors...

Tesla Q2 Deliveries Soar: Robotaxi Day Hype Builds

Folks, Tesla’s second-quarter earnings report dropped this morning, and let me tell you, it’s a scorcher! After a year of price cuts, demand concerns, and more Twitter drama than a reality TV show, Tesla seems to be back on track. They delivered a record-breaking 443,956 vehicles, blowing past analyst expectations. That’s a whole lot of electric horsepower hitting the road!

A Resounding Rebuke to the Doubters

This, my friends, is a resounding rebuke to the naysayers who thought Tesla had lost its mojo. Remember all that talk about demand drying up? Well, it seems like those fears were about as well-founded as a house of cards in a hurricane. The Model 3 and Y continue to be sales juggernauts, accounting for the lion’s share of deliveries.

And let’s not forget about energy storage! Tesla deployed a whopping 9.4 GWh of energy storage products this quarter. That’s double their previous record! Tesla’s not just an automaker; they’re a full-blown clean energy powerhouse.

Robotaxi Day: The Main Course

But hold on to your hats, folks, because the best is yet to come. Mark your calendars for August 8th, because that’s when Tesla is holding its highly anticipated “Robotaxi Day.” This isn’t just another product launch; this is Elon Musk aiming for the moon shot!

Remember when Tesla made history by opening its Supercharger network to other EVs? That was a game-changer. Robotaxi Day has the potential to be even bigger, shaking up the entire transportation industry.

A $1 Trillion Valuation?

Wedbush analyst Dan Ives, a longtime Tesla bull, calls this quarter “the appetizer” and Robotaxi Day “the main event.” He believes that Tesla’s autonomous driving technology is the key to unlocking a $1 trillion valuation. And frankly, I’m inclined to agree.

Look, I’ve been saying for years that Tesla is more than just a car company. They’re a technology company, a software company, an energy company. And with Robotaxi Day, they’re poised to become a transportation titan.

Fasten Your Seatbelts, It’s Going to Be a Wild Ride

So buckle up, folks, because the next few months are going to be a wild ride. Tesla is back in the driver’s seat, and they’re hitting the accelerator. The electric revolution is here, and Tesla is leading the charge. And as always, I’ll be here to guide you through every twist and turn.

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