ARK Buying 'A Lot of Tesla' After Recent Tumble: Cathie Wood

Feb.23 -- Ark Investment Management founder and Chief Executive Officer Cathie Wood says her funds bought "a lot of Tesla" on Tuesday after the electric-vehicle maker's recent share-price slide. She speaks on "Bloomberg Businessweek"

[Dave-wxum]

To get rich in life, you need to spend less and invest more. You don't expect to spend 90%, invest 10% and sit to make more wealth.

[jgonz]

I love how Bloomberg gives Cathie the respect she deserves, unlike CNBC. This is why I prefer watching Bloomberg over CNBC any day. CNBC has a strong bias towards traditional value stocks and bloomberg is more open minded to high growth stocks.

[InderjitSingh]

Tesla could easily topple Uber and Lyft in ride-sharing area

[IamMonikaDLC]

Immediately when I saw the dip I was like "Oh yeah, you better believe Cathie bought this dip..and I now am too!"
TSLA, NIO, ARKQ

[brandonderrick]

Ironic how the person with the biggest balls is a woman. I love it.

[derrickware]

my parents gave me a share of tesla for Christmas a few years ago when I was in high school and it's already worth $4000 im holding forever

[CHMichael]

Elon warned everyone- stock is to expensive and there is going to be volatility. But in the long run Tesla will be a giant

[apolloone]

Tesla was on sale due to panic selling, glad to load up some more shares today.

[coinmarketcap]

My Über driver told me he bought Teslå stock last week. This is the end

[MichaelWorley]

Nathan Fielder over here giving out stock tips.

[stephena]

Be greedy when others are fearful. Be fearful when others are greedy.

[smartcatcollarproject]

It's Michael Burry who was right again, shorting Tsla...

[imdoc]

Thats what made the price bounce back from 680 but I think it will drop again

[jamiek]

Totally gutsy move by Wood. I hope she is right.
I think TSLA's high, but she is one of the best fund managers of all time.

[danbaron]

Rock on Cathie! If I'm going down, I'm going down with you.

[sayednab]

which platform can do you suggest to buy stocks?

[Bfbckiller]

I didn't think I could get more bullish on Tesla! When others doubt I buy.

[mosesque]

Waiting for TSLA to hit the real value of around $350 before I go into it. Right now GME sounds like a less risky investment.

[siddhantbhura]

Cathie woods knows more about the future of Tesla than Elon Musk. Hahahah

[harrychu]

Analyst expect tesla to deliver 800k cars in 2021, up from 500k in 2020. That is a 60% sales growth year on year. What other large cap company is expected to grow sales by 60%?

Considering that Elon has been under promising and over delivering, if they blow this number out by Q3 the stock will go on another strong run. On top of that, two factories are expected to come online in 2021.

Buy buy buy.