Tech Sell-Off: 1 Cathie Wood Stock-Split Stock to Buy Hand Over Fist Right Now

When it comes to new technologies with explosive growth potential, none have garnered quite as much enthusiasm as electric vehicles. Not only are they an essential part of a clean energy future, but industry leader Tesla (NASDAQ: TSLA) is proving it can produce them at higher profit margins compared to manufacturers of combustion engine vehicles. It's a win-win for stockholders.

Ark Investment Management CEO Cathie Wood, who directs a series of innovation-focused exchange-traded funds (ETFs), is one of the biggest Tesla bulls on Wall Street. Tesla stock is the largest holding in the Ark Autonomous Technology and Robotics ETF, the second-largest holding in the Ark Innovation ETF, and the fourth-largest holding in the Ark Next Generation Internet ETF.

Image source: Tesla.

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Source Fool.com