Cathie Wood Sells Another $94M In Tesla And Buys These Stocks Instead
Popular money manager Cathie Wood’s investment firm Ark Invest sold more shares in Tesla Inc on Tuesday, booking profit in the stock even as shares of the electric vehicle company fell after days of rising higher.Ark Invest sold 80,100 shares — estimated to be worth $93.87 million — in the Elon Musk-led company’s stock, which recently broke into the $1 trillion market capitalization club.Tesla shares, which have risen about 50% in the past month, closed 3.03% lower at $1,171.97 a share on Tuesda
NIO is #1 in China's electric SUV market for good reason.The company's success is driven by its brilliant innovations and marketing strategy.NIO is growing faster than Tesla, and yet, it is trading at a discount.NIO Inc. stands out for its strong market position- #1 market share in electric SUV in China- and innovation in the rapidly growing and highly competitive electric vehicle industry. This article will discuss why NIO is winning against some stiff competition, including against Tesla .In