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.


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.


Latest News

Grizzly Research says NIO has 100k vehicles on the road slashing 120k from reality

Written by Cláudio Afonso | | LinkedIn | Twitter On Tuesday, the research firm Grizzly Research mentioned NIO as Short following the report where the firm claimed that the EV maker is “likely using an unconsolidated related party” to inflate its revenue and also […]

HSBC analyst raises LI Auto price target to $47 seeing a 20% upside potential

Written by Cláudio Afonso | | LinkedIn | Twitter HSBC analyst Yuqian Ding raised on Tuesday the firm’s price target on LI Auto shares to $47.00 while maintaining a Buy rating. Ding expects “the continuous volume ramp-up of L9” from the third quarter onwards and […]

Wejo partners with Ford in Europe to provide access to data for end-to-end insurance

Written by Cláudio Afonso | | LinkedIn | Twitter Wejo Group announced on Tuesday a partnership with the automaker Ford Motor in Europe to give Wejo access to personalized connected vehicle data from Ford vehicles across the continent. The partnership focuses on defined data […]

Volta Charging names former Tesla, Lucid Employee as Chief Technology Officer

Written by Cláudio Afonso | | LinkedIn | Twitter Volta Charging announced on Monday that its Board of Directors has appointed Yifan Tang, a former Tesla and Lucid Motors employee as Chief Technology Officer. Tang is an inventor or co-inventor of 99 granted US […]


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