Has Anyone Ever Heard of Tesla Motors?

We recently came across some comments from Whitney Tilson regarding how his TSLA short experience reminded him of his NFLX short experience (stating that while his thesis may turn out correct eventually, it’s still a bad short).

But let’s face it…. there is no shortage of opinions out there on TSLA. On Harvest alone, the crowd is pretty split with roughly 2/3 long and 1/3 short.

But there is one fund manager who has gone out of her way to show the world why Tesla is a buy, and hasn’t wavered on her opinion once. Catherine Wood, portfolio manager at Ark Investment Management, has been very transparent with regard to her long TSLA thesis. More importantly, she’s out to demonstrate why long-term innovation can often trump near-term valuation, which just so happens to be a common theme of her newly formed #ETFs. While Ms. Wood recently revealed that her funds were buying the dip in TSLA following earnings, her message has been pretty consistent last fall. Back in September 2014, Ark explained their long thesis in Tesla based on estimated market share of what will be a very large total addressable market.

Fortunately for us, Ark is no stranger to taking a stance on controversial stocks. Since Mr. Tilson was also one of the most outspoken short sellers of Athena Health ( ATHN )… he might be interested in knowing that Ms. Wood’s funds are also long ATHN.

Then again, perhaps we don’t need the analysis and should instead follow Roman Rimsha and Randy Herz, who timed their TSLA trades perfectly to the tune of a 34% and 35% gain, respectively. That, or we could all just buy Subaru.