- Thu Jun 05, 2025 6:07 am
#9943
Cathie Wood Trimming Tesla Stock Before Robotaxi Launch: Genius or Red Flag?
ARK Invest sold almost 50,000 Tesla shares just weeks before the Austin Robotaxi launch. Coincidence or calculated move? Is this a sign of waning confidence in Tesla's autonomous driving ambitions, a smart rebalancing strategy, or something else entirely?
Cathie Wood has been a vocal Tesla bull, setting a lofty $2,600 price target by 2029 based largely on the potential of robotaxis. Does this sale signal a shift in her long-term outlook, or is it simply profit-taking ahead of a potentially volatile launch?
Some analysts remain skeptical about the rollout of fully autonomous vehicles. Should investors be wary of the hype surrounding the robotaxi launch, or is this a game-changing moment for Tesla?
Even after the sale, Tesla remains ARKs largest holding. What does this tell us about their overall confidence in the company? Is this a sign to buy the dip, or a warning to proceed with caution?
Lets discuss. What are your thoughts on this move by ARK Invest?
ARK Invest sold almost 50,000 Tesla shares just weeks before the Austin Robotaxi launch. Coincidence or calculated move? Is this a sign of waning confidence in Tesla's autonomous driving ambitions, a smart rebalancing strategy, or something else entirely?
Cathie Wood has been a vocal Tesla bull, setting a lofty $2,600 price target by 2029 based largely on the potential of robotaxis. Does this sale signal a shift in her long-term outlook, or is it simply profit-taking ahead of a potentially volatile launch?
Some analysts remain skeptical about the rollout of fully autonomous vehicles. Should investors be wary of the hype surrounding the robotaxi launch, or is this a game-changing moment for Tesla?
Even after the sale, Tesla remains ARKs largest holding. What does this tell us about their overall confidence in the company? Is this a sign to buy the dip, or a warning to proceed with caution?
Lets discuss. What are your thoughts on this move by ARK Invest?
- By Anonymous