Cathie Wood’s Ark Invest continues to express optimism despite Tesla’s recent slip in Q1 earnings and revenue. Despite this setback, the investment firm purchased $4.3 million worth of the electric vehicle maker’s stock. Wood remains bullish on Tesla’s long-term prospects, showing confidence in the company’s ability to bounce back from its recent financial challenges. Ark Invest’s decision to invest in Tesla demonstrates their ongoing support for the EV industry and their belief in the potential for growth in this sector.