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Cathie Wood Ditches $5.6M More Tesla While Elon Musk Quits Government Role — Doubles Down On AI Stock Under Attack By Short Sellers - ARK Genomic Revolution ETF (BATS:ARKG), ARK Innovation ETF (BATS:ARKK)

Summary by Benzinga
On Wednesday, Cathie Wood‘s Ark Invest made notable trades involving Tesla Inc. and Tempus AI Inc. . These trades come amid significant developments for both companies, with Tesla’s insider sales raising eyebrows and Tempus AI facing scrutiny from short sellers. The Tesla Trade Ark Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), executed a sale of 15,817 shares of Tesla on Wednesday. Tesla shares ended the day at $356.90, valuing the tra…

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Benzinga broke the news in New York, United States on Thursday, May 29, 2025.
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