Tag: Billionaire Investors

Cathie Wood Bets $50 Million on Tesla After Its Sharp Selloff—What Does She Know That Wall Street Doesn’t?

Cathie Wood Bets $50 Million on Tesla After Its Sharp Selloff—What Does She Know That Wall Street Doesn’t? When most investors panic, Cathie Wood often does the opposite. After Tesla shares suffered a sharp decline of around 15%, the founder and CEO of ARK Invest reportedly purchased approximately $50 million worth of Tesla stock, making...