A lot of investors have been functioning absent from
Tesla
stock in modern weeks, fearful about disappointing car sales and irrespective of whether Elon Musk’s conclusion to purchase Twitter has become also distracting. Cathie Wood is not one particular of them.
As
Tesla
(ticker: TSLA) shares have tumbled 55% in the earlier a few months, Wood’s
Ark Innovation Fund
(ARKK) has ongoing buying
Tesla
stock. The decrease in Tesla’s stock price has brought about its weighting to tumble to 7% of the fund from 10% in Oct, producing it the 3rd-largest weighting after
Zoom Movie Communications
(ZM) and
Precise Sciences
(EXAS).
A lot of investors have been functioning absent from
Tesla
stock in modern weeks, fearful about disappointing car sales and irrespective of whether Elon Musk’s conclusion to purchase Twitter has become also distracting. Cathie Wood is not one particular of them.
As
Tesla
(ticker: TSLA) shares have tumbled 55% in the earlier a few months, Wood’s
Ark Innovation Fund
(ARKK) has ongoing buying
Tesla
stock. The decrease in Tesla’s stock price has brought about its weighting to tumble to 7% of the fund from 10% in Oct, producing it the 3rd-largest weighting after
Zoom Movie Communications
(ZM) and
Precise Sciences
(EXAS).
