Cathie Wood’s ARK Invest. sold +56,000 Tesla Shares yesterday ($61.6 Million).

Cathie Wood’s ARK Investment Management sold yesterday more shares in Tesla securing more profit in the electric vehicle stock. The woman behind ARK Investment sold 56,295 shares estimated to be worth $61.6 million as of Monday’s close at $1,093.9.

Advertisements

Tesla closed 2.5% higher at $1,093.9 on Monday. The stock is up about 50% this year even with the Components Shortage that has been affecting the AutoMakers this year and the next months.

Source: ARK Investment Management

ARK sold 23,495 on the ARKK ETF, 5,070 shares on the ARKQ ETF and another 27,730 on the ARKW ETF – a total of 56,295 shares valued in $61.60 Million.

Advertisements

Latest News

Tesla: Expansion plans of GigaBerlin delayed, report

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter The vote for the expansion of Tesla‘s Gigactory in Germany by 100 hectares has been delayed, the mayor of the Grünheide region Arne Christiani told the local media RBB. Christiani […]

Volvo to present its electrification plan on September 21, SUV arrives in Q4 2022

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter Swedish automaker Volvo will announce its plans for the electrification in the upcoming years on September 21 at 3pm CEST via Youtube starting the countdown for the launch of the new fully electric SUV in […]

Mobileye starts testing Level 4 Autonomous Driving in Detroit with over 50 NIO ES8s

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter The Autonomous Driving company Mobileye announced on Thursday that started testing its program of the Level 4 Self-Driving solution in Detroit with over 50 NIO ES8s. The company added that the model will form the […]

Rivian announces JV with Mercedes-Benz to produce electric vans in Europe

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter The EV maker Rivian Automotive announced on Thursday a partnership with Mercedes-Benz to invest in a factory in Europe aiming to produce electric vans. The companies will leverage shared investments, shared costs and will pursue […]

Loading…

Something went wrong. Please refresh the page and/or try again.