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Cathie Wood's ARM Loads Up $10.6M in Tesla TSLA Stock this Week Alone, Signaling Its Strongly Bullish Outlook On the Company
Stock & Business Oct 01, 2024

Cathie Wood's ARM Loads Up $10.6M in Tesla TSLA Stock this Week Alone, Signaling Its Strongly Bullish Outlook On the Company

Cathie Wood's ARK Investment Management purchased $10.6 million in Tesla stock this week, continuing a series of buys that began in October. This signals a strongly bullish outlook from the prominent fund on Tesla's future. For owners and enthusiasts, this major vote of confidence from a high-profile investor reinforces positive sentiment around the company's long-term prospects.