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Cathie Wood's Ark Dumps $9M of Tesla Despite Musk's $690 Prediction

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Topic review: Cathie Wood's Ark Dumps $9M of Tesla Despite Musk's $690 Prediction Expand view

Cathie Wood's Ark Dumps $9M of Tesla Despite Musk's $690 Prediction

by Teslaguy » Thu Dec 19, 2024 7:22 pm
Cathie Wood and Ark Invest just dumped another $9 million of Tesla stock, despite Musk's $690 price prediction. Is this a smart move by Ark, or are they missing out on future gains? What does this say about Ark's confidence in Tesla's long-term prospects? Is the $690 price target realistic, or just wishful thinking? Where do you see Tesla stock going in the next year, and why? Let's discuss! This move comes hot on the heels of Coinbase stock sales by Ark, adding another layer of intrigue. Are these connected? Is Ark simply rebalancing, or is there a larger strategy at play here?

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