Cathie Wood's Ark Invest Sells Off Tesla Stock Holdings, Selling Over 20,000 Shares

Benzinga 2023-07-14

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Ark Invest Reduces Tesla Stock Holdings:
Ark Invest sold 21,000 shares of Tesla worth $5.7 million, reducing their holdings despite stock price increase. Tesla remains top holding in ETFs, and CEO Elon Musk recently indicated possible investment in India. Stock price remains below all-time high from 2021.
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