As Goes TSLA So Goes ARKK

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People are just head-over-heels about Cathie Wood, who leads the investment company ARK. Here’s their chart:


In case you don’t think their heavy investment in Tesla doesn’t matter, just look at this comparison chart. One line is TSLA and the other ARKK (it hardly matters which). Suffice it to say, I’m not sure why this company even has to exist, since Tesla itself is, tick for tick, leading it by the nose.