She said tsla will worth $2,00

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Mr Mooney
2023-08-11

She said tsla will worth $2,000 per share in 2024. Why sell?

Cathie Wood Slashes Tesla Stake Further As Ark Offloads Nearly $19M Worth Of Stock

ZINGER KEY POINTSTesla is the top holding of Ark's flagship ARRK ETF with a 10.67% weighting.Since mid-June, Ark has sold cumulatively 883,816 Tesla shares and has not effected a buy transaction.As Te

Cathie Wood Slashes Tesla Stake Further As Ark Offloads Nearly $19M Worth Of Stock

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Why sell?","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/207833907290336","repostId":1186203282,"repostType":4,"repost":{"id":"1186203282","pubTimestamp":1691752135,"share":"https://www.laohu8.com/m/news/1186203282?lang=&edition=full","pubTime":"2023-08-11 19:08","market":"us","language":"en","title":"Cathie Wood Slashes Tesla Stake Further As Ark Offloads Nearly $19M Worth Of Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1186203282","media":"Benzinga","summary":"ZINGER KEY POINTSTesla is the top holding of Ark's flagship ARRK ETF with a 10.67% weighting.Since mid-June, Ark has sold cumulatively 883,816 Tesla shares and has not effected a buy transaction.As Te","content":"<html><head></head><body><h4 id=\"id_3170036803\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul><li><p><strong>Tesla is the top holding of Ark&#39;s flagship ARRK ETF with a 10.67% weighting.</strong></p></li><li><p><strong>Since mid-June, Ark has sold cumulatively 883,816 Tesla shares and has not effected a buy transaction.</strong></p></li></ul><p>As <strong>Tesla, Inc. </strong>outperformed the broader market on Thursday, <strong>Cathie Wood&#39;s Ark Invest </strong>used the bounce to sell more shares in the electric vehicle giant.</p><p style=\"text-align: start;\"><strong>What Happened: </strong>Ark, through its flagship <strong>Ark Innovation ETF </strong>and <strong>Ark Autonomous Technology &amp; Robotics ETF</strong>, sold 76,425 shares of Tesla. At Thursday&#39;s closing price of $245.34, the sales would have fetched the firm $18.75 million in proceeds.</p><p style=\"text-align: start;\">Ark has been offloading Tesla shares since mid-June and the total number of shares sold since June 12, including Thursday&#39;s sale, amounted to 883,816.</p><p style=\"text-align: start;\">Tesla is still the top holding of ARRK with a 10.67% weighting, and the fund holds roughly 3.4 million shares. The stock is also the top holding for ARKQ ( 582,303 shares) with a 12.98% weighting in the fund.</p><p><strong>Why It&#39;s Important:</strong> The selling streak comes despite Wood continuing to remain bullish on Tesla. Ark has a 2027 price target of $2,000, with much of the value attributable to the yet-to-be-launched robotaxi service.</p><p style=\"text-align: start;\">Tesla stock has come under pressure after the company&#39;s second-quarter results as investors worry about further margin contraction and tepid demand. From a pre-earnings closing high of $293.34, the stock has pulled back to $245.34.</p></body></html>","source":"lsy1606299360108","collect":0,"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 Slashes Tesla Stake Further As Ark Offloads Nearly $19M Worth Of Stock</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 Slashes Tesla Stake Further As Ark Offloads Nearly $19M Worth Of Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-11 19:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/23/08/33735726/cathie-wood-slashes-tesla-stake-further-as-ark-offloads-nearly-19m-worth-of-stock><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSTesla is the top holding of Ark's flagship ARRK ETF with a 10.67% weighting.Since mid-June, Ark has sold cumulatively 883,816 Tesla shares and has not effected a buy transaction.As ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/23/08/33735726/cathie-wood-slashes-tesla-stake-further-as-ark-offloads-nearly-19m-worth-of-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/markets/equities/23/08/33735726/cathie-wood-slashes-tesla-stake-further-as-ark-offloads-nearly-19m-worth-of-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186203282","content_text":"ZINGER KEY POINTSTesla is the top holding of Ark's flagship ARRK ETF with a 10.67% weighting.Since mid-June, Ark has sold cumulatively 883,816 Tesla shares and has not effected a buy transaction.As Tesla, Inc. outperformed the broader market on Thursday, Cathie Wood's Ark Invest used the bounce to sell more shares in the electric vehicle giant.What Happened: Ark, through its flagship Ark Innovation ETF and Ark Autonomous Technology & Robotics ETF, sold 76,425 shares of Tesla. At Thursday's closing price of $245.34, the sales would have fetched the firm $18.75 million in proceeds.Ark has been offloading Tesla shares since mid-June and the total number of shares sold since June 12, including Thursday's sale, amounted to 883,816.Tesla is still the top holding of ARRK with a 10.67% weighting, and the fund holds roughly 3.4 million shares. The stock is also the top holding for ARKQ ( 582,303 shares) with a 12.98% weighting in the fund.Why It's Important: The selling streak comes despite Wood continuing to remain bullish on Tesla. Ark has a 2027 price target of $2,000, with much of the value attributable to the yet-to-be-launched robotaxi service.Tesla stock has come under pressure after the company's second-quarter results as investors worry about further margin contraction and tepid demand. 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