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ARK Invest's Effective Tesla Model

FYI: ARK Invest is a fund manager which, alongside a penchant for chart crimes, focuses on “disruptive innovation in public markets”. In recent months the shop has made a name for itself thanks to its starry-eyed projections for Tesla, the electric car company. ARK reckons it could be worth $4,000 a share by 2023. It closed Tuesday at $193.60.

Tesla is the largest holding in its largest ETF, the actively managed “ARK Innovation”, which, to ARK's credit, has outperformed the Nasdaq by 39 per cent since inception:
Regards,
Ted
https://ftalphaville.ft.com/2019/06/05/1559727456000/ARK-Invest-s-effective-Tesla-model/

M* Snapshot ARKK:
https://www.morningstar.com/etfs/ARCX/ARKK/quote.html

ARK Funds Website:
https://ark-funds.com/arkk
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