English
Français
Deutsch
Italiano
Português
Русский
Español
ไทย
Türkçe
简体中文
日本語
한국어
हिन्दी
Key takeaways
- ARK Invest sold around 76,000 Tesla shares last week
- Tesla’s share price has been declining since the Q2 earrings report
- The company has the upcoming Cybertruck release and China sales cuts up its sleeve
High-profile investors like Cathie Wood tend to make headlines if they’re buying or selling – and this year, Wood has only sold Tesla shares. After her company ARK Invest sold off more shares last week, having already made more sales just before Tesla’s Q2 earning beat, others are now wondering if the shares have peaked for the year.
Tesla’s share price has been heading down since mid-July, prompted in part by the second-quarter earnings call and a surprise management change. But is there still life in Tesla stock, or is it time to consolidate the gains? We’ve laid out Tesla’s performance so far this year and the case for and against.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
