Right now it's a death spiral because $ARKK is such a large holder of most things it's invested in. ARK attracted way too much money for its "disruptive" strategy because many of these companies don't have huge market caps ($TSLA is an exception). All the buying by the ARK ecosystem drove prices higher but that knife cuts both ways. Faced with redemptions, ARK is forced to sell things to generate cash, which hammers the prices of illiquid securities and triggers...more redemptions. Rinse, repeat. The smart move would have been to close the funds to new investors instead of raising so much new money on the back of her TSLA success. Greed is a sin for a reason and ARK's investors are paying the price for not understanding that.
#NIO's "Battery as a Service" strategy is brilliant. The subscription model generates more income while savings car owners tremendous time. It eliminates what, in my opinion, is the biggest hassle to owning an electric vehicle - the need to charge it! I bet #ElonMusk is kicking himself for not thinking of that first. Why doesn't #Tesla shift and replicate that concept. $NIO$TSLA
Too bad. This might well become the Achilles heal of #Nio, in-road wireless charging is the future. #Tesla is leading in this tech. No need to stop at all, that’s how you win people over to EV‘s. $NIO$TSLA
BofA Predicts Tesla EV Market Share In US Will Collapse From 69% To Just 19% By 2024
19% of 3M by 2024 is only 570k sales int he US. You willing to bet against #Tesla only selling ~170k more vehicles in two years? $TSLA
Nio Making Big Moves In US, Reports Say Chinese EV Maker Setting Up Shop In California
#Nio barely sold 10k in December in China, #Tesla sold 70k, yet you think they will do well in US? $NIO $TSLA
ARKK Suffered $352 Million In Outflows On Wednesday Before Plunging To 52 Week Lows On Thursday
Right now it's a death spiral because $ARKK is such a large holder of most things it's invested in. ARK attracted way too much money for its "disruptive" strategy because many of these companies don't have huge market caps ($TSLA is an exception). All the buying by the ARK ecosystem drove prices higher but that knife cuts both ways. Faced with redemptions, ARK is forced to sell things to generate cash, which hammers the prices of illiquid securities and triggers...more redemptions. Rinse, repeat. The smart move would have been to close the funds to new investors instead of raising so much new money on the back of her TSLA success. Greed is a sin for a reason and ARK's investors are paying the price for not understanding that.
Tesla Rival Nio's December Deliveries Slip 3.6% MoM, More Than Double In 2021
#Tesla Rival #Nio? I don't think so. Love $TSLA, but $NIO, not so much.
GM To Invest $3B In Michigan-Based Electric Vehicle Manufacturing
#Tesla can build 3 factories for that price. $TSLA
Here Is The Gamma Bomb That Just Sparked Tesla's Insane Melt-up
I almost bought #Tesla years ago, but a stupid article that Seeking Alpha published convinced me not too! Big mistake. $TSLA
Tesla Upgraded To Buy On Accelerating Earnings Leverage At Jefferies
Big news! $TSLA
7 Hype Stocks Powered By Social Media And Loved By Investors
#NIO's "Battery as a Service" strategy is brilliant. The subscription model generates more income while savings car owners tremendous time. It eliminates what, in my opinion, is the biggest hassle to owning an electric vehicle - the need to charge it! I bet #ElonMusk is kicking himself for not thinking of that first. Why doesn't #Tesla shift and replicate that concept. $NIO $TSLA
Nio Opens Another 5 Battery Swap Stations In China As Part of Aggressive Expansion Strategy
Too bad. This might well become the Achilles heal of #Nio, in-road wireless charging is the future. #Tesla is leading in this tech. No need to stop at all, that’s how you win people over to EV‘s. $NIO $TSLA
Make This ARKK Trade If You Think Tech Looks Toppy
Wait, #Tesla and #Square in one??? $TSLA $SQ