Cathie Wood $ARK Innovation ETF (ARKK.US)$ buys 234,988 shar...
Cathie Wood $ARK Innovation ETF(ARKK.US$ buys 234,988 shares of $Tesla(TSLA.US$ today and 125,349 shares of SoFi $SoFi Technologies(SOFI.US$ today.
Assuming an average of $165 on the Tesla purchase means she spent $39M today on TSLA.
Tesla reported deliveries of 387K cars today for Q1 2024.
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10baggerbamm : meanwhile virtually every technical analyst is saying that Tesla is going to approach close to $100 a share price it's going to fully round trip so maybe 105 maybe 110 so Cathy is a one hit wonder flash when the market's strong and going up she chases momentum she assigns these asinine grandiose price targets Tesla's going to $1,000 and we all see what happens.. the fact of the matter is if she has destroyed more wealth in her funds for shareholders than Biden with inflation