Tesla Keeps Falling and ARK’s Cathie Wood Keeps Buying

Tesla shares continued to slide, with the article noting a 2.97% drop in the latest session and a 31% decline year to date. The piece frames the move as part of Cathie Wood’s ongoing strategy of buying Tesla on weakness, underscoring a persistent divergence between short-term price pressure and long-term bullish conviction from ARK-related investors. The article also references SpaceX, noting that it fell 3.32% and remains in focus because of related commentary around Elon Musk’s wealth and valuations. Broader market context is light, but the mention of the Dow Jones Industrial Average outperforming while the Nasdaq lagged suggests weakness in growth/technology sentiment on the day.