- Thu Jun 05, 2025 6:07 am
#9942
Cathie Wood Trimming Tesla Stock Before Robotaxi Launch: Genius Move or Red Flag?
Cathie Wood’s ARK Invest just sold a chunk of Tesla stock weeks before the much-hyped robotaxi reveal. Is this a savvy portfolio rebalance ahead of a potentially volatile launch, or a sign that even the biggest Tesla bulls are having second thoughts?
The timing is definitely interesting. Is ARK hedging bets against a bumpy rollout for autonomous driving, a technology still unproven on a large scale? Or does Wood simply see bigger opportunities elsewhere, locking in profits before reinvesting?
What do you think this move signals? Is it a warning sign for retail investors caught up in the robotaxi hype? Will the June 12th launch in Austin be a game-changer or a stumble?
Wood still holds Tesla as ARKK’s top position and predicts a $2,600 share price by 2029, driven largely by robotaxi dominance. Is this overly optimistic, or are the naysayers underestimating Tesla’s disruptive potential?
Let’s discuss. What’s your price prediction for Tesla in 2029? Will robotaxis truly revolutionize transportation as Wood envisions? Share your insights and predictions!
Cathie Wood’s ARK Invest just sold a chunk of Tesla stock weeks before the much-hyped robotaxi reveal. Is this a savvy portfolio rebalance ahead of a potentially volatile launch, or a sign that even the biggest Tesla bulls are having second thoughts?
The timing is definitely interesting. Is ARK hedging bets against a bumpy rollout for autonomous driving, a technology still unproven on a large scale? Or does Wood simply see bigger opportunities elsewhere, locking in profits before reinvesting?
What do you think this move signals? Is it a warning sign for retail investors caught up in the robotaxi hype? Will the June 12th launch in Austin be a game-changer or a stumble?
Wood still holds Tesla as ARKK’s top position and predicts a $2,600 share price by 2029, driven largely by robotaxi dominance. Is this overly optimistic, or are the naysayers underestimating Tesla’s disruptive potential?
Let’s discuss. What’s your price prediction for Tesla in 2029? Will robotaxis truly revolutionize transportation as Wood envisions? Share your insights and predictions!
- By Anonymous