TSLA Stock

Gemstone
2022-05-11

Today, TSLA stock rose 1.64%. Negative energy is strong right now as fear continues to cast a dark shadow over the financial markets. However, TSLA is determined to keep fighting to stay in the green. After some turbulence last week, the stock is reassuring investors that better days are ahead.

The news from Wood isn’t helping shares stay elevated, but let’s examine the story in context.

What’s Happening with TSLA Stock?

Only a few weeks ago, Cathie Wood was highly bullish on TSLA stock. In April, she said the company would“change the game,”comparing its innovations to those of Apple(NASDAQ:AAPL). Now, the investor has offloaded 15,000 shares of TSLA stock from the Ark Innovation ETF(NYSE MKTS:ARKK). That said, the exchange-traded fund’s largest position is still Tesla, which comprises 9.5% of its $8 billion asset pool.

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