Cathie Wood Is Dumping Nvidia and Buying Tesla: Is She Making a Huge Mistake?

By Parkev Tatevosian, CFA – Apr 10, 2024 at 10:00AM

NASDAQ: TSLA

Tesla

Market Cap

$562B

Today's Change

(-1.00%) -$1.79

Current Price

$176.29

Price as of June 3, 2024, 4:00 p.m. ET

Cathie Wood has long touted the bull case for investing in Tesla stock.

Fool.com contributor Parkev Tatevosian considers Cathie Wood's decision to sell Nvidia (NVDA 4.89%) stock and buy Tesla (TSLA -1.00%) stock.

*Stock prices used were the afternoon prices of April 7, 2024. The video was published on April 9, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia and Tesla. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.