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Investor's Business Daily on MSNCathie Wood Makes Another Tesla Move With Robotaxi Date Set; Nvidia Says The Start Of 'Next Trillion-Dollar Industry'Cathie Wood and Ark Invest trimmed Tesla stock holdings for a second consecutive stock market session on Wednesday as TSLA overtook an aggressive entry. Meanwhile, news reports named a specific date ...
Cathie Wood's Ark Innovation Fund ETF (ARKK) sold nearly 50,000 Tesla (TSLA) shares last week — valued at $17 million — ahead ...
"It is a convergence among three of our major platforms. So robots, energy storage, AI," Wood said of Tesla.
Cathie Wood's Tesla (TSLA)-heavy fund, is in focus after the ETF sold roughly $17 million worth of the stock ahead of the robotaxi event. Despite the sale, Woods remains a major Tesla bull on Wall ...
Cathie Wood's bear case for Tesla stock is that by 2027 it will grow ... However, those sales merely reflected minor rebalancing moves and didn't involve a significant block of shares.
The ARK Innovation ETF ARKK reduced its holdings in Tesla Inc. by selling 14,016 shares. This move comes amidst a month where Tesla’s stock has been on a remarkable upswing, reaching new highs.
There are a lot of important details investors need to know about each move and what it could mean. Cathie Wood has been trimming her position in Tesla and scooping up shares of Archer Aviation.
Tesla still remains a core pillar across Ark's funds. I surmise Wood will continue to hold the stock to varying degrees over time. I see doubling down on Amazon as a particularly smart move right now.
Cathie Wood’s ARK Innovation ETF is now buying Tesla Inc. stock, a reversal from its previous moves to trim its large stake in the electric-vehicle giant. The high-profile investor’s flagship ...
As usual, there were many moves into and out of the investment ... a winner for Wood and the company. Tesla (NASDAQ:TSLA) has always been Cathie Wood’s largest holding. She’s a big Elon ...
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