Ark Invest funds have been selling the electric vehicle maker's stock over the last few weeks and reinvesting the proceeds into Amazon. Over the last several years, Cathie Wood of Ark Invest has ...
Wood followed these moves with selling another 530,000 shares between Nov. 1 and Nov. 7. The timing of these sales is not necessarily coincidental. Wood began trimming Ark's Tesla position on Oct.
Considering how volatile Tesla stock can be, a sell-off could come out of nowhere. Throughout the month of October, Wood was taking Tesla profits and reinvesting in its megacap tech cohort ...