By Joey Klender Posted on December 12, 2024 Tesla bull ARK Invest offloaded over 51,000 shares of the electric automaker on Wednesday night after the company’s run on Wall Street continued. ARK sells Tesla shares to equal out the concentration of certain securities within its ETFs. The sale is not a statement that the company …
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By Joey Klender Posted on October 29, 2024 Tesla bull ARK Invest released a more extensive prediction on the automaker’s plans to launch a Robotaxi fleet next year. The firm said it expects the Robotaxi platform to be a “multi-trillion dollar” opportunity and believes it could dominate long-standing rideshare companies like Uber and Lyft. Tesla …
By Joey Klender Posted on January 25, 2024 ARK Invest has loaded up on over $5 million in Tesla stock following a 12.13 percent slide in share price on Thursday after Wednesday’s Earnings Call. ARK bought 148,246 shares in its $ARKK ETF, its Innovation Fund. Meanwhile, it snapped up 29,624 in the Next Generation Internet …
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