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Cathie Wood says Tesla is the stock she'd pick if she could only invest in one company

1. Cathie Wood remains bullish on Tesla, citing AI and robotics potential. 2. Ark Invest reiterated a $2,600 price target for Tesla in June 2024. 3. Musk's focus on Optimus robots may drive significant productivity gains. 4. Recent political tensions may impact Tesla's brand perception. 5. Tesla's stock saw a 14% drop amid Musk's spat with Trump.

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FAQ

Why Bullish?

Cathie Wood's bullish stance and high price target indicate continued investor confidence. Historical trends show that favorable expert predictions often lead to stock rebounds.

How important is it?

The article highlights key industry developments and predictions from influential investors, affecting both market sentiment and investor actions. This is particularly relevant given Wood's historical accuracy on Tesla forecasts.

Why Long Term?

As AI and robotics become integrated into Tesla’s operations, future revenue growth can enhance stock performance. Long-term targets, like Wood's $2,600 estimate, signal strong future potential.

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