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Tesla's 2024 Q1 earnings: A crossroad to where?
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Cathie Wood's Ark Invest Buys $4.3M in Tesla Stock Despite Q1 Earnings Slip

$Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ The article reported that on Tuesday, Cathie Wood’s Ark Invest continued its aggressive buying of Tesla Inc shares, despite the electric vehicle giant’s earnings miss. Ark Invest purchased a total of 29,230 shares of Tesla across its ARK Innovation. The purchase came after Tesla’s Q1 earnings report revealed a year-over-year revenue drop of 9%, missing Wall Street’s consensus estimate. The value of the Tesla shares purchased by Ark Invest, based on the closing price of $144.68 on Tuesday, amounts to approximately $4.3 million. This move follows Ark Invest’s acquisition of over $17 million in Tesla shares the previous day, ahead of the first quarter results announcement.
Cathie Wood's Ark Invest Buys $4.3M in Tesla Stock  Despite Q1 Earnings Slip
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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