This Ace Investor Just Trimmed Her Tesla Stake -- Should You?

Many people have made huge profits by owning shares of Tesla (NASDAQ: TSLA). Even those who only have a year under their belt with the electric automaker's stock have seen mind-blowing gains. Truly long-term investors have found life-changing wealth.

Ace investing pro Cathie Wood has benefited tremendously from Tesla's rise. The chief investment officer at active exchange-traded fund pioneer ARK Invest has dramatically boosted the performance of several of her ETFs by owning shares of the auto giant.

So when two of ARK Invest's ETFs trimmed their stakes in Tesla last week, it raised questions. Could the star investor be losing confidence in Tesla? Or is she just making prudent portfolio management decisions? Let's look at what Wood did and what it means for Tesla investors.

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Source Fool.com