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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

Comment by DMR001on Sep 17, 2021 9:02am
81 Views
Post# 33876536

RE:RE:RE:ARK's Cathie Wood Dumps $100 Million In Tesla This Week

RE:RE:RE:ARK's Cathie Wood Dumps $100 Million In Tesla This WeekThanks for your comment foof… The problem I have is with the terminology used. “Dump” is a term we normally associate with something of no value to us that we want to throw away. The $100 Million of Tesla shares were indeed sold by Ark but the reason was that they were doing too well. This resulted in Ark’s portfolios becoming “unbalanced” from a policy perspective. Clearly a headline more like “Ark sells off $100 Million in Tesla Shares Because They Are Doing Too Well” is probably both more accurate and still compelling from the perspective of stirring curiosity to read further.  Whereas “ARK's Cathie Wood Dumps $100 Million In Tesla This Week” implies that something went badly wrong which was not the case. Clearly, we have to be careful about skimming headlines and drawing unwarranted conclusions.
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