If Cathie Wood wants the rest of the year to go smoothly, she better hope Tesla holds up. Tesla makes up 9.3% of her Next Generation Internet ETF and 10% of her flagship ARKK ETF. It's also 10.2% of her Autonomous Technology and Robotics ETF.
Poster Comment:
How stupid are these investors? Tesla never learned how to weld an automobile. They are tanking against the major car companies developing their own electric cars. And I don't think the American power grid can power that many electric cars.