Cathie Wood Pouring Cash Into Least Loved Mag 7 Stock, Buying An Estimated 450,000 Shares In 45 Days

The article says Cathie Wood’s ARK Invest has been aggressively buying Tesla amid weakness, adding an estimated 450,000 shares worth roughly $170 million to $180 million over about 45 days through Aug. 5, 2026. Tesla has lagged the other Magnificent Seven stocks, falling 23.89% year to date by Aug. 14 after an 18% drop following its Q2 2026 earnings miss. The piece contrasts Wood’s bullish 2029 target of $2,600 per share with Wall Street’s much lower consensus target of about $395. The market takeaway is that ARK is leaning into a controversial, high-volatility name after earnings-driven selling pressure, while the broader analyst community remains far less optimistic.