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Cathie Wood's ARK Dumps $22M of Tesla, Loads Up on AI Stock!

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Topic review: Cathie Wood's ARK Dumps $22M of Tesla, Loads Up on AI Stock! Expand view

Cathie Wood's ARK Dumps $22M of Tesla, Loads Up on AI Stock!

by Teslaguy » Thu Dec 12, 2024 2:46 pm
Cathie Wood and ARK Invest are at it again, dumping a significant chunk of Tesla stock while simultaneously piling into AI-focused Tempus. Is this a brilliant strategic pivot or a sign that ARK is losing faith in Tesla's long-term dominance? With the EV market becoming increasingly crowded, is it time to reconsider Tesla's position at the top? ARK's move into Tempus certainly suggests a strong belief in the future of AI. But is this a gamble worth taking? What are your thoughts on this latest move by ARK? Are they on to something or is this a misstep? Where do you see the future of both Tesla and the AI sector heading? Let's discuss.

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