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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Doubles Down On Tesla Amid Elon Musk's Feud With Trump, Sells $3 Million Worth Of Coinbase Stock

Russia,Moscow,24.06.2021,Logo,Of,Financial,Investing,Fund,Ark,Invest

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. and Coinbase Global Inc. . These trades reflect Ark’s strategic positioning amid ongoing market developments. The transactions occurred as Tesla faced a dip in share price due to external factors, while Coinbase dealt with legal challenges.

The Tesla Trade

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