Ark Investment Management, owned by Cathie Wood, remains bullish on Tesla and expects its shares to reach $2,600 within five years, almost 10 times their current price. Robotaxi will account for 90% of its value within the next five years, Wood said in a TV interview. She added Tuesday that Tesla's moves in the humanoid robotics space have not yet been factored into this price forecast. Tesla remained the largest holding in the ARK Innovation ETF as of March 24, accounting for 10% of the fund's $5.80 billion assets, down from nearly 16% at the end of 2024, according to information published on Ark's website. In its 2023 analysis, Ark estimated that Tesla's share price would reach $2,000 per share in 2027 as it takes market share away from traditional automakers. However, Tesla's share price has fallen sharply this year, despite rebounding over the past four trading days, and is currently trading at around $278.