Tesla, Elon Musk and ETFs
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Investor Cathie Wood, the CEO of Ark Invest, offered one of her most emphatic endorsements yet of Tesla Inc. (NASDAQ: TSLA) CEO, Elon Musk, calling him "the most productive human being on earth and in space in history.
TSLA Bull 2X Shares is a high-risk, high-reward play on Tesla's rebound after its recent selloff. Learn more about TSLL ETF here.
Tesla is part of the Magnificent Seven. Cathie Wood, CEO of Ark Invest, oversees numerous exchange-traded funds (ETFs), including a family of funds that invest in technology stocks. One of the Ark Innovation ETF's biggest winners has been Tesla (NASDAQ: TSLA).
Cathie Wood, founder and CEO of ARK Invest, has cemented her reputation as a visionary investor with a knack for identifying disruptive technologies. She launched ARK Invest in 2014 after a career spanning decades, focusing on sectors like artificial intelligence, biotechnology, blockchain, and electric vehicles.
You can’t start any list of Tesla-leaning ETFs without mentioning an ARK Invest ETF. Cathie Wood has been a highly public Tesla bull for many years, and this fund shows it. ARKQ has 15.2% of its ...
One extreme example is the YieldMax Tesla Option Income Strategy ETF ( TSLY), which uses call option strategies on Tesla ( TSLA 0.20%) stock to produce a high level of monthly income. In fact, based on the past 12 months of dividends, the ETF has a dividend yield of about 127%.
Disadvantages of the Tesla Option Income Strategy ETF. As is the case with most 100% covered call strategies, most (if not all) share price upside is sacrificed.