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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Sells $8.8M More Of Tesla Stock On The Dip Amid Elon Musk's Twitter Deal Funding Concerns

Cathie Wood-led Ark Investment Management on Thursday sold more shares in Tesla Inc (NASDAQ: TSLA), which continued to fall amid investor concerns over how CEO Elon Musk would fund the $44 billion takeover of Twitter Inc (NYSE: TWTR).

The popular money managing firm sold 10,035 shares, estimated to be worth $8.8 million, in the Musk-led company on Thursday.

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