The controversial US investment celebrity Cathie Wood and her ARK funds have had great success with the Tesla shares. ARK investors had a great time in 2020, but things haven't been so great in 2021 and 2022. Woods is described by the Financial Times as a "boom or bust investor" who invests in shares of disruptive companies that produce a lot of hope but no profits, such as Tesla. Her ARK funds have certainly benefited from the easy money policy of the last Covid-19 pandemic years. Just like cryptocurrencies, of which Cathie Wood is also a big fan.

She still believes in Tela. According to Barron's, Cathie Wood’s ARK Investment ETFs purchased 33,482 shares of the electric-vehicle company Tesla recently. On the day of the new investment, the Tesla stock closed Thursday at $829.10, down 11.6%. At that price, Wood paid an estimated $27.76 million for the shares.