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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Loads Up On This Tesla Rival As Elon Musk's EV Giant Gears Up For Q3 Earnings

Cathie Wood Elon Musk Tesla Inc. BYD Ark Invest ARK electric vehicle
Los,Angeles,,California,-,July,6,2025:,Ark,Invest,Logo

On Tuesday, Cathie Wood-led Ark Invest made a significant move by purchasing shares of BYD Co Ltd (OTC:BYDDY). This decision comes shortly after the Chinese electric vehicle manufacturer announced a recall of over 115,000 vehicles due to battery-related safety issues.

The BYD Trade

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