Cathie Wood Trimming Tesla Holdings Before Robotaxi Launch: Genius or Red Flag?
Cathie Wood’s ARK Invest just sold a chunk of Tesla stock weeks before the Austin Robotaxi launch. Is this a savvy portfolio rebalance, a strategic pre-launch hedge, or a sign of wavering confidence? What do YOU think?
The timing is curious, especially given Wood’s bullish $2,600 price target for Tesla by 2029, largely based on robotaxi dominance. Does this sale hint at doubts about the upcoming launch? Or is it simply smart money management?
Lets discuss. Is this move a cause for concern for Tesla investors? Or is the robotaxi launch still on track to revolutionize transportation and justify Wood's long-term bullishness? Share your thoughts and predictions below!
Cathie Wood Trimming Tesla Holdings Before Robotaxi Launch: Genius or Red Flag?
Cathie Wood’s ARK Invest just sold a chunk of Tesla stock weeks before the Austin Robotaxi launch. Is this a savvy portfolio rebalance, a strategic pre-launch hedge, or a sign of wavering confidence? What do YOU think?
The timing is curious, especially given Wood’s bullish $2,600 price target for Tesla by 2029, largely based on robotaxi dominance. Does this sale hint at doubts about the upcoming launch? Or is it simply smart money management?
Lets discuss. Is this move a cause for concern for Tesla investors? Or is the robotaxi launch still on track to revolutionize transportation and justify Wood's long-term bullishness? Share your thoughts and predictions below!
- By Cjacker