Key Points Cathie Wood's Ark Invest $1 billion of Tesla stock. The firm is very optimistic about robotaxi growth. These 10 stocks could mint the next wave of millionaires › It has been a roller-coaster ride for Tesla (NASDAQ: TSLA) stock in recent years. In 2021, the stock reached a high of roughly $400 per share, only to collapse to nearly $100 per share in 2023. The stock then surged above $400 in 2025, only to collapse once again below $250 that same year. After yet another surge and correction, Tesla stock currently hovers around $350 per share, resulting in a $1.1 trillion market cap. Through it all, Cathie Wood's firm, Ark Invest, never sold out of its Tesla stake. The position has been trimmed and added to many times over the years.
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