Cathie Wood, founder and CEO of Ark Invest, does not usually back away from her highest‑conviction ideas, which is exactly why her steady selling of Tesla (TSLA) shares has everyone’s attention. Ark Invest has been trimming Tesla even as the stock trades near $475 and has a record free cash flow of nearly $4 billion.
Earlier in the year, the tone was very different as Ark leaned into weakness rather than backing away from the story. When Tesla sold off after its Q2 2025 earnings report, Ark stepped in and bought the post-earnings dip, scooping up 143,190 TSLA shares across three flagship exchange-traded funds (ETFs).
