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Cathie Wood is ready to sell Tesla shares if they hit this big level
“If nothing were to change in our outlook and we got to $3,000 next year, my guess is that we would be peeling out of it.”
That was Cathie Wood, founder and CEO of Ark Investment Management, discussing the point at which she’d sell one of her biggest holdings, electric-vehicle maker Tesla TSLA. She made the comments at the Morningstar Investment Conference on Wednesday, according to Bloomberg News.
That…