The ARKK has hit a five-month low asTesla Fuels Losing Run

Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Fuels Losing Run. Tesla Inc., its biggest holding, dropped after a round of job cuts stoked investors’ worries about the carmaker’ growth prospects. Shares in ARKK slid to five-months-low as Tesla Inc. dropped.

Shares in Cathie Wood’s flagship fund slid to a five-month low as Tesla Fuels Losing Run. Tesla Inc., its biggest holding, dropped after a round of job cuts stoked investors' worries about the carmaker's growth prospects. Shares in the fund's flagship fund slide to a 5-month-low.