Cathie Wood Cashes In Tesla Stock As It Hits 12-Day Winning Streak

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Cathie Wood and her Ark Invest firm cashed in on their Tesla stock holdings Monday as the EV giant advanced for a twelfth straight, jumping 130% in 2023. Wood’s Ark Investment Management sold off more than 393,000 shares of Tesla Monday for around $98.2 million, based on TSLA closing price of 249.83. The recent Tesla sell off was done through ARK Innovation ETF, ARK Next Generation Internet ETF and ARK Autonomous Technology & Robotics ETF.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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