Cathie Wood and Ark Invest dump millions of TSLA stock
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Cathie Wood and Ark Invest have sold millions of dollars worth of Tesla (TSLA) stock. This move is significant given Wood's reputation for investing in disruptive technologies, though her investments have not always been successful.
November 19, 2024 | 2:00 pm
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Cathie Wood and Ark Invest have sold a significant amount of Tesla stock, which could impact Tesla's stock price in the short term.
Cathie Wood is a high-profile investor known for her focus on disruptive technologies. Her decision to sell a large amount of Tesla stock could signal a lack of confidence in Tesla's short-term prospects, potentially leading to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90