Cathie Wood Sells Tesla Before Election; Musk Cabinet Position 'Not What Shareholders Want To See'

By Yahoo! Finance | Nov 6, 2024 at 01:57 AM EST

Cathie Wood's Ark Investment Management has been selling Tesla stock for six consecutive trading sessions leading up to the presidential election. This comes as Tesla CEO Elon Musk supports the Republican candidate, sparking speculation of his involvement in a Trump administration. Wood has been steadily offloading Tesla shares since Oct.

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