In the recent strong rebound, Tesla's position in the flagship ETF ARKK under &#34;Cathie Wood&#34; reached a historical high of $6.2 billion.ARK's disclosed holdings data shows that as of July 9th, Tesla's weight in the ARK Innovation ETF reached 16.05%.In April, Tesla had already reclaimed the top position in ARKK, replacing Coinbase as the fund's largest holding. Currently, the ETF's second largest holding is Roku, accounting for about 9.2% of the fund's holdings, with Coinbase ranking third at approximately 8.3%.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a645730c-2f03-41a3-ac8a-c6b41c76cbe3.png/query-aW1hZ2VWaWV3Mi8yL3cvNjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/a645730c-2f03-41a3-ac8a-c6b41c76cbe3.png/query-aW1hZ2VWaWV3Mi8yL3cvNjQw"/>Strategas Securities analysis indicates that this weight reflects the most steadfast confidence in Tesla in the 10-year history of this disruptive technology fund.Tesla's stock price has risen by over 80% from the lowest point in 2024 set in April. On Tuesday, Tesla's stock price rebounded strongly, rising for 10 consecutive days, setting the longest winning streak since June last year, thanks to its quarterly delivery volume exceeding analysts' expectations, further driving the stock price up. As of the close on July 9th, Tesla was trading at $263.33.<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c4f407f6-2af6-426e-98a3-90ad3ab3693c.png/query-aW1hZ2VWaWV3Mi8yL3cvNjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c4f407f6-2af6-426e-98a3-90ad3ab3693c.png/query-aW1hZ2VWaWV3Mi8yL3cvNjQw"/>In recent months, the ARK Innovation ETF has not purchased Tesla's stock. According to the daily updates sent to clients by the company, the fund even sold several times in July. ARKK has fallen by about 12% this year, while Tesla has risen by about 5% during the same period.Tesla has always been one of Cathie Wood's most confident stocks, and she updated her price target for Tesla in June, expecting Tesla's stock price to reach $2600 by 2029, and potentially $3100 in a bull market.In addition to ARKK, Tesla also holds significant positions in several other ETFs. Among the 10 ETFs where Tesla accounts for 10% or more of the entire portfolio, three belong to Wood, including the $1.5 billion ARK Next Generation Internet ETF (ARKW) and the $839 million ARK Autonomous Technology &amp; Robotics ETF (ARKQ).Furthermore, Tesla is also included in the Fidelity MSCI Consumer Discretionary Index ETF (FDIS.US) and the First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN.US) China has a place of its own

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Tesla's position in its ETF ARKK has reached a historical high, surpassing Coinbase. ARKK has not bought Tesla's stock in recent months, and even sold it several times in July. Tesla's stock price has risen by over 80% since April, with a 10-day consecutive increase, setting the longest winning streak since June last year. ARKK has fallen by about 12% this year, while Tesla has risen by about 5% during the same period. Tesla also holds an important position in several other ETFs

- Tesla's position in Cathie Wood's flagship ETF ARKK reached a historic high of $6.2 billion, with a weight of 16.05% in the ARK Innovation ETF as of July 9th. This reflects ARK's strong confidence in Tesla, which has seen an over 80% increase in stock price since hitting a low in April. Tesla's recent stock rally, driven by exceeding delivery expectations, led to a 10-day winning streak, marking its longest since June last year.
- Despite ARK Innovation ETF not buying Tesla stock in recent months, Cathie Wood remains confident in Tesla's future, predicting a stock price of $2600 by 2029. Tesla holds significant positions in other ETFs as well, including ARKW and ARKQ under Wood's management, along with FDIS.US and QCLN.US.
- ARKK has dropped around 12% this year while Tesla has risen about 5%, showcasing Wood's enduring confidence in the company amidst market fluctuations.

Surpassing Coinbase, occupying a 16% position! Tesla's share in the flagship ETF ARKK managed by "Cathie Wood" hits a historical high