Cathie Wood, the well-known tech investor, sold millions of Tesla shares in 2023. However, at the beginning of the new year, she once again showed herself as a bold buyer of the Musk company. Despite an increasingly negative sentiment towards Tesla, she is not deterred.

Wood is one of the most optimistic supporters of the electric car pioneer and announced in an email to her subscribers that she expects a price of $2,000 per share by 2027. In the bullish scenario, she even expects $2,500, while even the bearish target of $1,400 is far above the current price of Tesla stock.

The 68-year-old female star investor used the recent price correction of Tesla to once again acquire shares in the company. According to "Bloomberg," she bought a total of 216,000 shares between December 20 and January 3, increasing her total investment to over 50 million US dollars.

This is a significant increase compared to the previous three quarters, in which Wood still reduced her stake in the US company. Tesla is currently Wood's third largest investment, with a weight of 5.91 percent and a total value of 853.86 million US dollars.

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The general slowdown of growth in the electric car segment becomes noticeable as the first wave of buyers is already completed and government incentives are diminishing globally. In order to attract new customers, Tesla is now planning, similar to BYD, to offer discounts and lower prices.

However, the achievement of Elon Musk's goal of annually achieving a revenue increase of 50 percent is being questioned by analysts, shareholders, and even Musk himself. This is also reflected in Tesla's stagnant stock price, which has dropped 21.23 percent on the NASDAQ technology exchange in the last six months, moving further away from the record levels of 2021.

Despite the skepticism of analysts and the negative sentiment towards Tesla, Wood remains a confident bull for the company. She follows a contrarian approach and uses market corrections to invest in promising tech stocks. For example, she heavily bought into the AI stock Palantir.

With a weighting of 5.81 percent and a total value of 840.01 million US dollars in ARK's ETFs, Tesla is directly behind the cryptocurrency exchange Coinbase, which has a weighting of 7.25 percent and a total value of 1.05 billion US dollars.

Although Woods' ultra-bullish price targets for 2027 are still a long way off, she sticks to her long-term conviction and remains firmly convinced that Tesla continues to be one of the most promising investments in the technology sector.