Cathie Wood's ARK Sold Another $265M in Tesla (TSLA) Stock on Tuesday

Cathie Wood's ARK sold another 340,618 shares of Tesla (NASDAQ: TSLA) on Tuesday through 3 active ETF funds (ARKK, ARKQ, ARKW). ARK, which is one of the Street's biggest bulls on Tesla, has been trimming its position in the EV maker over the past few weeks. The Tesla stock sold yesterday was worth approximately $265 million based on yesterday's closing price.

ARK also bought more shares of Coinbase (NASDAQ: COIN), DraftKings (NASDAQ: DKNG), UiPath (NASDAQ: PATH), and Robinhood (NASDAQ: HOOD), among other trades.

Below is a summary of ARK trades from 09/28/21:

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