Cathie Wood's Ark Invest Keeps On Cutting Tesla Shares Worth More Than $8M

Benzinga2023-10-11

On Tuesday, Cathie Wood-led Ark Invest made a notable move by selling over $8 million worth of Tesla Inc shares. This significant trade comes amidst a series of Tesla disposals by Ark, marking the ...

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Comments

  • HLPA
    2023-10-11
    HLPA
    Yes, time to bring TSLA back down to  the low 200ish. Current Tesla pronouncements reveal that the company would report lower nett revenues as a result of cutting prices of their cars and their huge capital expenditire. Also, I believe Elon Musk and Cathie Woood seek to go hand in hand in maipulating TSLA share price to suit their goals whatever. Hence, TSLA investors need to tread carefully in their trades as TSLA wild price swings can easily wipe off your long term portfolio. Best is to do day trading for TSLA and scalp trading for profits is the strategy I use for TSLA trades. Just have to take extra care.
    • HLPA
      dont think so with the 2 wars
    • AdamDavis

      really not going to $300 first???

    • HLPA
      Elon doesnt care so why should we
    • HLPA
      agree so TSLA on the loosing end?
    • HLPA
      Rightly said
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