Tesla Stock Broke Out But This Longtime Bull Decided To Take Profit

Tesla Stock Broke Out But This Longtime Bull Decided To Take Profit

Cathie Wood and Ark Invest continued to take some profit from Tesla stock holdings on Monday, even as TSLA advanced above a traditional buy point in stock market action. On Monday, Wood's ARK Innovation ETF and ARK Next Gen Internet ETF sold a combin...

Cathie Wood and Ark Invest continued to take some profit from Tesla stock holdings on Monday, even as TSLA advanced above a traditional buy point in stock market action. On Monday, Wood's ARK Innovation ETF and ARK Next Gen Internet ETF sold a combined 124,867 TSLA shares for an estimated $59.35

million, according to Wood's ETF daily trade disclosures. This comes after Wood and her Ark Invest shaved their TSLA holdings last week, selling 87,993 shares on Friday.

Source: finance.yahoo.com | Published: December 16, 2025