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Cathie Wood would ditch Tesla stock if it hit price target early

Leading technology investor Cathie Wood said she would be willing to sell her flagship fund's massive stake in Tesla next year if the stock reaches its $3,000 price target early, according to reports.

Cathie Wood, the chief executive of ARK Invest, was speaking virtually at the Morningstar Investor Conference Wednesday when she doubled down on Tesla, referencing its exposure to emerging technologies like artificial intelligence.

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