Tesla preparing to down more..

2
Comment
Favorite

Tesla preparing to down more.. Hahaha...the jinx is here

Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock

ZINGER KEY POINTSArk has been a buyer of Tesla for three straight sessions this week, buying $26.89 million worth of stock on a cumulative basis.On Thursday, the stock settled at its lowest level sinc

Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock

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

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":296939067379888,"tweetId":"296939067379888","gmtCreate":1713523575886,"gmtModify":1713523580888,"author":{"id":3569318025811476,"authorId":3569318025811476,"authorIdStr":"3569318025811476","name":"LeonardKSW","avatar":"https://static.tigerbbs.com/eeba92ccfc8a91444aa3e36de4a39425","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body>Tesla preparing to down more.. Hahaha...the jinx is here</body></html>","htmlText":"<html><head></head><body>Tesla preparing to down more.. Hahaha...the jinx is here</body></html>","text":"Tesla preparing to down more.. Hahaha...the jinx is here","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/296939067379888","repostId":2428768316,"repostType":2,"repost":{"id":"2428768316","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1713522619,"share":"https://www.laohu8.com/m/news/2428768316?lang=&edition=full","pubTime":"2024-04-19 18:30","market":"us","language":"en","title":"Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2428768316","media":"Benzinga","summary":"ZINGER KEY POINTSArk has been a buyer of Tesla for three straight sessions this week, buying $26.89 million worth of stock on a cumulative basis.On Thursday, the stock settled at its lowest level sinc","content":"<html><head></head><body><h4 id=\"id_4076715034\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li>Ark has been a buyer of Tesla for three straight sessions this week, buying $26.89 million worth of stock on a cumulative basis.</li><li>On Thursday, the stock settled at its lowest level since Jan. 25, 2023 amid intensifying worries over fundamentals.</li></ul>As Tesla, Inc. fell for a fifth straight session on Thursday, breaching a significant psychological threshold, Cathie Wood‘s Ark Investment Management ramped up its acquisition of the stock, while also bolstering its holdings in crypto-related exchange-traded funds.Doubling Down On Tesla: Across its ARK Innovation ETF (ARKK), ARK Autonomous Technology &amp; Robotics ETF (ARKQ), and ARK Next Generation Internet ETF (ARKW), Ark purchased 88,720 Tesla shares on Thursday, amounting to approximately $13.30 million based on Tesla’s closing price of $149.93.Ark has been consistently accumulating Tesla shares for three consecutive sessions this week, accumulating a total of $26.89 million worth of shares.This surge in buying activity comes amid Tesla facing downward pressure throughout the week, with analysts revising their estimates and price targets downward in anticipation of a disappointing earnings report next week. Concerns about the company’s recent announcement of significant layoffs, plans to seek shareholder approval for CEO Elon Musk‘s compensation package, and uncertainties surrounding the potential deprioritization of the sub-$30,000 electric vehicle have all contributed to the stock’s weakness.On Thursday, Tesla closed at its lowest level since January 25, 2023.Expanding Crypto Exposure: While Ark has been gradually reducing its exposure to crypto-related stocks like Coinbase Global, Inc. and Robinhood Markets, Inc., it refrained from trading these shares on Thursday.Instead, Ark augmented its positions in ETFs with crypto exposure.<ul style=\"list-style-type: disc;\"><li>ARKW bought 22,461 units of ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) valued at $823,645.</li><li>Ark’s ARK Fintech Innovation ETF (ARKF) 490,751 units of its recently launched spot Bitcoin ETF, the ARK 21Shares Bitcoin ETF (ARKB) valued at $31.19 million.</li><li>Ark’s ARKW added 42,800 Proshares Ether Strategy ETF (EETH) valued at $2.90 million.</li></ul>ARKB, which commenced trading on Jan. 11, 2024, has appreciated by approximately 36%, riding on the coattails of Bitcoin’s rally, which has surged by about 34% since its inception.On the other hand, ARKZ, an actively managed ETF launched by the Wood-led firm, aims for 100% exposure to Ethereum by investing in ether futures contracts. The fund, boasting approximately $11 million in net assets, has yielded approximately 24% year-to-date.Meanwhile, Bitcoin has strengthened amid escalating geopolitical tensions in the Middle East. At last check, the premier cryptocurrency climbed by 0.72% over the past 24 hours to reach $62,141.40, according to Benzinga Pro data.ARKK fell 0.26% on Thursday before closing at $42.91.</body></html>","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 Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's 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 Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2024-04-19 18:30\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_4076715034\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li>Ark has been a buyer of Tesla for three straight sessions this week, buying $26.89 million worth of stock on a cumulative basis.</li><li>On Thursday, the stock settled at its lowest level since Jan. 25, 2023 amid intensifying worries over fundamentals.</li></ul>As Tesla, Inc. fell for a fifth straight session on Thursday, breaching a significant psychological threshold, Cathie Wood‘s Ark Investment Management ramped up its acquisition of the stock, while also bolstering its holdings in crypto-related exchange-traded funds.Doubling Down On Tesla: Across its ARK Innovation ETF (ARKK), ARK Autonomous Technology &amp; Robotics ETF (ARKQ), and ARK Next Generation Internet ETF (ARKW), Ark purchased 88,720 Tesla shares on Thursday, amounting to approximately $13.30 million based on Tesla’s closing price of $149.93.Ark has been consistently accumulating Tesla shares for three consecutive sessions this week, accumulating a total of $26.89 million worth of shares.This surge in buying activity comes amid Tesla facing downward pressure throughout the week, with analysts revising their estimates and price targets downward in anticipation of a disappointing earnings report next week. Concerns about the company’s recent announcement of significant layoffs, plans to seek shareholder approval for CEO Elon Musk‘s compensation package, and uncertainties surrounding the potential deprioritization of the sub-$30,000 electric vehicle have all contributed to the stock’s weakness.On Thursday, Tesla closed at its lowest level since January 25, 2023.Expanding Crypto Exposure: While Ark has been gradually reducing its exposure to crypto-related stocks like Coinbase Global, Inc. and Robinhood Markets, Inc., it refrained from trading these shares on Thursday.Instead, Ark augmented its positions in ETFs with crypto exposure.<ul style=\"list-style-type: disc;\"><li>ARKW bought 22,461 units of ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) valued at $823,645.</li><li>Ark’s ARK Fintech Innovation ETF (ARKF) 490,751 units of its recently launched spot Bitcoin ETF, the ARK 21Shares Bitcoin ETF (ARKB) valued at $31.19 million.</li><li>Ark’s ARKW added 42,800 Proshares Ether Strategy ETF (EETH) valued at $2.90 million.</li></ul>ARKB, which commenced trading on Jan. 11, 2024, has appreciated by approximately 36%, riding on the coattails of Bitcoin’s rally, which has surged by about 34% since its inception.On the other hand, ARKZ, an actively managed ETF launched by the Wood-led firm, aims for 100% exposure to Ethereum by investing in ether futures contracts. The fund, boasting approximately $11 million in net assets, has yielded approximately 24% year-to-date.Meanwhile, Bitcoin has strengthened amid escalating geopolitical tensions in the Middle East. At last check, the premier cryptocurrency climbed by 0.72% over the past 24 hours to reach $62,141.40, according to Benzinga Pro data.ARKK fell 0.26% on Thursday before closing at $42.91.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4511":"特斯拉概念","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4548":"巴美列捷福持仓","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","ARKZ":"ARK 21SHARES ACTIVE ETHEREUM FUTURES STRATEGY ETF","EETH":"PROSHARES ETHER STRATEGY ETF","TSLA":"特斯拉","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4592":"伊斯兰概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4534":"瑞士信贷持仓","BK4594":"比特币ETF概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","ARKB":"ARK 21Shares Bitcoin ETF","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4527":"明星科技股","ARKF":"ARK Fintech Innovation ETF","BK4581":"高盛持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","COIN":"Coinbase Global, Inc.","BK4588":"碎股","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","ARKK":"ARK Innovation ETF","HOOD":"Robinhood","BK4574":"无人驾驶","BK4544":"ARK ETF合集","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","ARKQ":"ARK Autonomous Technology & Robotics ETF","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","ARKW":"ARK Next Generation Internation ETF","LU0823411888.USD":"法巴消费创新基金 Cap"},"source_url":"https://www.benzinga.com/markets/cryptocurrency/24/04/38329084/cathie-wood-sees-value-in-tesla-wreckage-as-ark-buys-13m-worth-of-ev-giants-stock-loads-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2428768316","content_text":"ZINGER KEY POINTSArk has been a buyer of Tesla for three straight sessions this week, buying $26.89 million worth of stock on a cumulative basis.On Thursday, the stock settled at its lowest level since Jan. 25, 2023 amid intensifying worries over fundamentals.As Tesla, Inc. fell for a fifth straight session on Thursday, breaching a significant psychological threshold, Cathie Wood‘s Ark Investment Management ramped up its acquisition of the stock, while also bolstering its holdings in crypto-related exchange-traded funds.Doubling Down On Tesla: Across its ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (ARKQ), and ARK Next Generation Internet ETF (ARKW), Ark purchased 88,720 Tesla shares on Thursday, amounting to approximately $13.30 million based on Tesla’s closing price of $149.93.Ark has been consistently accumulating Tesla shares for three consecutive sessions this week, accumulating a total of $26.89 million worth of shares.This surge in buying activity comes amid Tesla facing downward pressure throughout the week, with analysts revising their estimates and price targets downward in anticipation of a disappointing earnings report next week. Concerns about the company’s recent announcement of significant layoffs, plans to seek shareholder approval for CEO Elon Musk‘s compensation package, and uncertainties surrounding the potential deprioritization of the sub-$30,000 electric vehicle have all contributed to the stock’s weakness.On Thursday, Tesla closed at its lowest level since January 25, 2023.Expanding Crypto Exposure: While Ark has been gradually reducing its exposure to crypto-related stocks like Coinbase Global, Inc. and Robinhood Markets, Inc., it refrained from trading these shares on Thursday.Instead, Ark augmented its positions in ETFs with crypto exposure.ARKW bought 22,461 units of ARK 21Shares Active Ethereum Futures Strategy ETF (ARKZ) valued at $823,645.Ark’s ARK Fintech Innovation ETF (ARKF) 490,751 units of its recently launched spot Bitcoin ETF, the ARK 21Shares Bitcoin ETF (ARKB) valued at $31.19 million.Ark’s ARKW added 42,800 Proshares Ether Strategy ETF (EETH) valued at $2.90 million.ARKB, which commenced trading on Jan. 11, 2024, has appreciated by approximately 36%, riding on the coattails of Bitcoin’s rally, which has surged by about 34% since its inception.On the other hand, ARKZ, an actively managed ETF launched by the Wood-led firm, aims for 100% exposure to Ethereum by investing in ether futures contracts. The fund, boasting approximately $11 million in net assets, has yielded approximately 24% year-to-date.Meanwhile, Bitcoin has strengthened amid escalating geopolitical tensions in the Middle East. At last check, the premier cryptocurrency climbed by 0.72% over the past 24 hours to reach $62,141.40, according to Benzinga Pro data.ARKK fell 0.26% on Thursday before closing at $42.91.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":48,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}