Replies to post #66534 on Tesla Inc (TSLA)

[XFundManager]

Cathie Wood Cuts Another $32M From Tesla Stake — Initiates Position In This Legacy Automaker Instead !

LOL

https://www.benzinga.com/news/22/05/27097866/cathie-wood-makes-first-buy-in-a-legacy-automaker-on-monday-also-trims-more-shares-in-tesla

Cathie Wood-led Ark Investment Management on Monday scooped up shares in General Motors Co , the money management firm's first-ever buy in a Detroit-based automaker.

The stake purchase also comes a month after Wood said she had an open mind on the legacy automaker.

The 66-year-old Wood, a well-known Tesla Inc

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bull, bought 158,187 shares in GM, estimated to be worth $6.05 million as of its last close, via its Ark Autonomous Technology & Robotics ETF

[boston745]

She trades a portion of her position.