ARK Invest, the investment firm led by CEO Cathie Wood, last week unloaded crypto-focused shares worth $14.3 million to acquire $18.7 million in Tesla (Nasdaq: TSLA) stocks.

Tesla stock has forged a new valid base with a traditional buy point and Elon Musk said this about Tesla investment in xAI.

Tesla investors have to follow what’s going on at CEO Elon Musk’s other companies. as Musk, himself, is a fundamental factor to be tracked.