Tag Archives: investors

Cathie Wood’s ARK Invest is bingeing on Bitcoin, Coinbase, and Tesla even as other investors have fled all three this year

Cathie Wood is keeping the faith. While many investors are fleeing Tesla and the crypto space, the ARK Invest CEO remains optimistic about the long-term value of Tesla, Bitcoin, and cryptocurrency exchange Coinbase—all hammered this year—and is investing accordingly. This week, ARK Investment Management funds bought nearly 75,000 shares of …

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Musk’s Troubling Week Pushes Tesla Investors Closer to the Edge

(Bloomberg) — “Musk risk” has been weighing on Tesla Inc.’s stock for some time now. But it reached another level this week as the electric-vehicle maker’s mercurial leader stirred up even more controversy and sent the company’s shares plunging. Most Read from Bloomberg Tesla’s stock price sank 16% over the …

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Elon Musk asks Twitter investors for more money

Elon Musk is asking Twitter investors to dig deeper into their pockets, as he seeks to make the social media company financially viable. Driving the news: Musk, via his family office, this week privately offered to sell additional equity at the same $44 billion valuation that he’s essentially admitted was …

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