Cathie Wood Keeps Foot On Tesla Pedal With Whopping $15M Stock Buy — Slashes Stake In Chinese EV Rival-To The Moon - Tiger Brokers Online Investing Community

84
Comment
Favorite

Cathie Wood Keeps Foot On Tesla Pedal With Whopping $15M Stock Buy — Slashes Stake In Chinese EV Rival

Benzinga2023-01-18

ZINGER KEY POINTSTesla stock has gained over 8% in last five days after the company announced a string of price cuts.Since mid-December, ARK has loaded up over 1.2 million shares of Tesla.Wood’s funds...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

HongHong14
·2023-01-18
Its a cycle to buy high sell low. Wherever she sells, stock rebound.
Reply
2
Report
Fold Replies
- Guavaxf30:
  Yup. Tesa, plus other EV’s, now falling off the cliff.
  2023-01-19
  Reply
  Report
itan
·2023-01-18
Ok
Reply
Like
Report
LimBT
·2023-01-18
Ok
Reply
1
Report
Jason_LSE
·2023-01-18
Ok
Reply
1
Report
T202311701
·2023-01-18
O
Reply
2
Report
Andrewinho
·2023-01-18
😱😱😱
Reply
2
Report
GoG
·2023-01-18
K
Reply
5
Report
Fold Replies
- GoG:
  k
  2023-01-18
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1146327909?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-01-18 10:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1146327909","market":"us","top_or_hot":-1,"title":"Cathie Wood Keeps Foot On Tesla Pedal With Whopping $15M Stock Buy — Slashes Stake In Chinese EV Rival","media":"Benzinga","content":"<div>\n<p>ZINGER KEY POINTSTesla stock has gained over 8% in last five days after the company announced a string of price cuts.Since mid-December, ARK has loaded up over 1.2 million shares of Tesla.Wood’s funds...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/23/01/30454499/cathie-wood-keeps-foot-on-tesla-pedal-with-whopping-15m-stock-buy-slashes-stake-in-chine\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Keeps Foot On Tesla Pedal With Whopping $15M Stock Buy — Slashes Stake In Chinese EV Rival</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Keeps Foot On Tesla Pedal With Whopping $15M Stock Buy — Slashes Stake In Chinese EV Rival\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-18 10:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/23/01/30454499/cathie-wood-keeps-foot-on-tesla-pedal-with-whopping-15m-stock-buy-slashes-stake-in-chine><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSTesla stock has gained over 8% in last five days after the company announced a string of price cuts.Since mid-December, ARK has loaded up over 1.2 million shares of Tesla.Wood’s funds...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/23/01/30454499/cathie-wood-keeps-foot-on-tesla-pedal-with-whopping-15m-stock-buy-slashes-stake-in-chine\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NIO","symbol_name":"蔚来","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/23/01/30454499/cathie-wood-keeps-foot-on-tesla-pedal-with-whopping-15m-stock-buy-slashes-stake-in-chine","article_id":"1146327909","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146327909","pubTimestamp":1674008255,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"ZINGER KEY POINTSTesla stock has gained over 8% in last five days after the company announced a stri","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NIO":"蔚来","TSLA":"特斯拉"},"translate_title":"凯西·伍德以1500万美元购买特斯拉股票，大幅削减其中国电动汽车竞争对手的股份","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NIO":0.9,"TSLA":0.9},"content_text":"ZINGER KEY POINTSTesla stock has gained over 8% in last five days after the company announced a string of price cuts.Since mid-December, ARK has loaded up over 1.2 million shares of Tesla.Wood’s funds continued to offload shares of Nio.Cathie Wood-led ARK Investment Management continued to buy Tesla Inc stock this week, as the flagship ARK Innovation ETF and the ARK Autonomous Tech. & Robotics ETF loaded up 115,787 shares of the Elon Musk-led company on Tuesday. At the same time, ARK slashed its stake in Tesla's Chinese rival Nio Inc with a big sale.The purchase is estimated to be valued at over $15.2 million based on Tuesday’s closing price. Shares of the EV-maker closed 7.43% higher during the session and have gained over 8% in the last five days after the company announced a string of downward price adjustments in China since late last year and two rounds of price cuts in the U.S. and Europe.Multiple analysts have sounded out their opinions on the impact of these price cuts. Jefferies analyst Philippe Houchois maintained a ‘Buy’ rating on the stock while lowering the price target from $350 to $180. BofA Securities analyst John Murphy maintained a ‘Neutral’ rating and lowered the price target from $135 to $130.Not even two-thirds into the month, ARK's purchase of Tesla stock has already crossed over three-quarters of a million. Since mid-December, ARK’s funds have loaded up over 1.2 million shares of Tesla.The EV-maker is the third largest holding in the ARK Innovation fund with a weight of 6.95% while it is the top holding of the ARK Autonomous Tech. & Robotics ETF with a weight of 8.8%.Major Sale: On Tuesday, ARK sold over 325,000 shares of the EV-maker at an estimated valuation of over $3.17 million based on the day’s closing price. Nio's shares have gained over 18% since the beginning of 2023.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9956599353,"gmtCreate":1674045357072,"gmtModify":1676538919522,"author":{"id":"3574589907783512","authorId":"3574589907783512","name":"HongHong14","avatar":"https://static.tigerbbs.com/7580ae9f1aa43c1f04f4656b228abeb3","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":9,"crmLevelSwitch":0},"htmlText":"Its a cycle to buy high sell low. Wherever she sells, stock rebound.&nbsp;","listText":"Its a cycle to buy high sell low. Wherever she sells, stock rebound.&nbsp;","text":"Its a cycle to buy high sell low. Wherever she sells, stock rebound.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956599353","repostId":1146327909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105600851,"gmtCreate":1674060371329,"gmtModify":1674060384094,"authorId":3576140222331577,"author":{"id":3576140222331577,"authorId":3576140222331577,"name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956599353,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Yup. Tesa, plus other EV’s, now falling off the cliff.</span>","text":"<span class=\"s1\">Yup. Tesa, plus other EV’s, now falling off the cliff.</span>","html":"<span class=\"s1\">Yup. Tesa, plus other EV’s, now falling off the cliff.</span>"}],"langContent":"EN"},{"id":9956221031,"gmtCreate":1674021395223,"gmtModify":1676538917079,"author":{"id":"3574231625591111","authorId":"3574231625591111","name":"itan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956221031","repostId":1146327909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956282189,"gmtCreate":1674014557341,"gmtModify":1676538916368,"author":{"id":"4134278158747952","authorId":"4134278158747952","name":"LimBT","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956282189","repostId":1146327909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956282358,"gmtCreate":1674014545674,"gmtModify":1676538916368,"author":{"id":"4095252946433820","authorId":"4095252946433820","name":"Jason_LSE","avatar":"https://static.tigerbbs.com/60e2530d54f2a0d278bad7b3284cdef5","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956282358","repostId":1146327909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956214532,"gmtCreate":1674011753926,"gmtModify":1676538916034,"author":{"id":"4115257325505790","authorId":"4115257325505790","name":"T202311701","avatar":"https://community-static.tradeup.com/news/816311e9879fbae4e952e2a5386f68ca","vip":1,"crmLevel":9,"crmLevelSwitch":0},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956214532","repostId":1146327909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956212874,"gmtCreate":1674011232599,"gmtModify":1676538915934,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"😱😱😱","listText":"😱😱😱","text":"😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956212874","repostId":1146327909,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9956219406,"gmtCreate":1674009572905,"gmtModify":1676538915666,"author":{"id":"3570186020309805","authorId":"3570186020309805","name":"GoG","avatar":"https://static.tigerbbs.com/1c9fbe31d027bcf439a17955df60352f","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":1},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9956219406","repostId":1146327909,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105595761,"gmtCreate":1674009579493,"gmtModify":1674009592428,"authorId":3570186020309805,"author":{"id":3570186020309805,"authorId":3570186020309805,"name":"GoG","avatar":"https://static.tigerbbs.com/1c9fbe31d027bcf439a17955df60352f","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"93.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9956219406,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":84,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}