Cathie Wood unloads about $62 million of Tesla shares

by MOINSBD

#CathieWood #Tesla #CathieWoodsellsTesla
Yahoo Finance’s Brian Sozzi reports on Cathie Woods’ ARK ETF selling $62 million worth of Tesla shares.
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33 comments

RogerM September 16, 2021 - 7:32 PM

Not a surprise, since Tesla was dominant on the EV market, and now plenty of manufactures are joining the market with strong products. As VW, that some point going to be the World's leader on EV sells. Plus the overvalue of Tesla stocks.

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Plaid September 16, 2021 - 7:51 PM

What she sees (Yahoo is as dumb as it sounds) Brain is $tsla becoming larger than it is for her portfolio say 10% dummy!

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Nedu Njoku September 16, 2021 - 8:02 PM

Dear Yahoo Finance,
This is not a red flag at all. Stop telling lies to your viewers 🤦🏾‍♂️

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SuperWolf 007 September 16, 2021 - 8:24 PM

Honestly….clapped

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Fanaticvandal September 16, 2021 - 8:30 PM

So fucking what???????

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Sophie Edel September 16, 2021 - 8:38 PM

bailing a sinking ship

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Mark Mark September 16, 2021 - 8:45 PM

This guy should google what 10% means.

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Bukowski September 16, 2021 - 8:50 PM

Such BS as usual reporting from the media. Unloads LOL – CNBC said the same thing. Each media company just sends out the same load of crap. How about this question. What percentage is 62 millions of Ark's total Tesla stock? Anybody know the answer? So if you said for example that Cathie Wood sold 3% of her Tesla stock but still maintains 97% valued at X dollars…..sounds a little different.

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French Bulldogs exotic frenchies September 16, 2021 - 8:50 PM

Wow Fud !! Portafolio relance

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French Bulldogs exotic frenchies September 16, 2021 - 8:54 PM

Rivian IPO , 80 billion , haven’t sell a single car lol

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prashant kashyap September 16, 2021 - 8:54 PM

What you forgot to mention is that 'massive sell-off' you're referring to is just .25% of her current tesla holdings. Why is she still keeping 99.75% of her Tesla holdings if she is shaky?

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prashant kashyap September 16, 2021 - 8:56 PM

High time youtube introduces a Bullshit Icon along with like and dislike!

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French Bulldogs exotic frenchies September 16, 2021 - 8:56 PM

Actually she said , growth is about to take off

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Marcus O'Conner September 16, 2021 - 9:45 PM

I can’t stand Cathy Wood.

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Dan Chatka September 16, 2021 - 9:59 PM

If you want to be misinformed about Tesla, then listen to Sozzi. He's been wrong about Tesla for years. Because Tesla doesn't pay advertising fees to Yahoo, it's Sozzi's job to spread fear, uncertainty, and doubt about Tesla. I feel sorry for people who believed Sozzi fake news and missed out on Tesla stock's 1,700% price increase over the past five years. Investors who disbelieve Sozzi made billions from Tesla's rise.

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Dan Chatka September 16, 2021 - 10:09 PM

Cathie Wood sold stable Tesla to buy riskier small stocks, which she thinks will grow faster than Tesla. This is a common strategy of successful investors. Only Yahoo's fake financial "journalists" would try to turn this into a negative for Tesla.
WARNING If you believe Yahoo's fake news, you will miss the greatest investing opportunities. The world is transitioning to EVs. Tesla is the #1 EV maker. Old American and European car makers are years behind Tesla's technology. These are facts. The oil and ICE car industry pay Yahoo (in "advertising" money) to spread fake news about Tesla.

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Rash ِAlt September 16, 2021 - 10:28 PM

Thats the most boring series I've ever seen, I know the story before I play the video. Isn't the best thing is to ignore th since they want the attention positive or negative to gain more relevance

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Mark Plott September 16, 2021 - 10:46 PM

Yahoo, this is NOT news, ARK invest cant hold more than 10% TSLA , so they have to sell, and they are FREE to buy the DIP later.

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integra September 16, 2021 - 10:51 PM

These analysts are completely clueless of Kathy Woods strategy

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saulza2 September 16, 2021 - 10:58 PM

Yahoo Finance is spreading nonsense again. Wood keeps Tesla at 10% allocation of ARKK portfolio. If it goes over 10% she sells, if it goes under she buys. Cmon Yahoo, do better.

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Richard Parker September 17, 2021 - 12:49 AM

ARK is constantly is re-balancing their portfolio. Tesla is ARK's largest holding.

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James Lobosco September 17, 2021 - 1:42 AM

GM, bring your marshmallows !!!!

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Erik Owren September 17, 2021 - 2:27 AM

Why can’t you report the truth. The EFT rules only allow them to own any asset as 10% of the overall fund value. They always sell when the price is going up. Then they buy on the way down.

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Cam Jones September 17, 2021 - 3:06 AM

dutch bros?

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Ramon Zarat September 17, 2021 - 4:07 AM

ARK is topped at 10% TSLA and you know it. More FUD from the Yahoos at Yahoo…

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Laurent WAHARTE September 17, 2021 - 4:17 AM

Do you know what is rebalancing ………………….morons

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kingkong8974 September 17, 2021 - 5:05 AM

Let's see how this fund performs within the next 5 years. If she's as bullish as she sounds, I dunno why her allocation into tesla isn't at 20 or 30%

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Krishna Mohammed September 17, 2021 - 5:42 AM

What do I see that Cathie doesn't? I see that Yahoo is filled with Yahoos who don't know squat

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Con Man September 17, 2021 - 6:01 AM

Wathie Coods

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Bernard Barry September 17, 2021 - 6:32 AM

Literally nothing else to talk about huh? Maybe check in on the progress of Austin and Berlin factories? Cathy trimming positions is very 2019.

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Patrick Didier September 17, 2021 - 7:22 AM

Seriously…..? In anycase, do you really beleive that tesla 750b market cap is reasonable ?

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Lars Lover September 17, 2021 - 7:23 AM

Yawho?

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