Live Trading News
Shayne Heffernan

Cathie Wood Buys More Tesla

By Shayne Heffernan2 min read

Despite difficulties, Cathie Wood is bullish on Tesla.

Renowned fund manager Cathie Wood, who is renowned for her audacious investing methods, has increased her stake in Tesla (TSLA), the industry leader in electric vehicles, dramatically once again demonstrating her faith in the business. A significant 319,162 shares of Tesla stock were bought by Ark funds, managed by Wood, on Monday and Tuesday. As of Tuesday's market closing, this transaction totaled $53.2 million.

Even while Tesla has seen difficulties, including a drop in first-quarter deliveries, and its shares have fallen 32% so far this year, Wood is still upbeat about the company's long-term prospects. Despite doubts expressed by analysts such as Emmanuel Rosner of Deutsche Bank about Tesla's prospects for development this year, Wood remains steadfast in her support of her investment in the pioneer of electric vehicles.

Wood's admiration for Tesla's CEO, Elon Musk, and his commitment to advancing environmentally friendly transportation solutions is well-known. Tesla holds a significant position as the second-largest holding in Ark Innovation, reflecting Wood's confidence in Musk's vision and the company's potential to revolutionize the automotive industry.

In addition to her bullish stance on Tesla, Wood has also made strategic moves regarding other holdings in Ark funds. On Tuesday, Ark funds divested 811,792 shares of online sports gambling platform DraftKings (DKNG), valued at $36.3 million, possibly indicating a decision to lock in profits amidst the stock's impressive performance over the past year.

Similarly, Ark Funds sold 663,796 shares of online securities brokerage Robinhood (HOOD) on Monday, amounting to $12.7 million, as the stock witnessed a significant surge in value fueled by heightened retail investor activity in the equities market.

While Wood's recent buying and selling activities reflect her dynamic investment approach and willingness to adapt to market conditions, her continued confidence in Tesla underscores her conviction in disruptive innovation and long-term value creation. As the investment landscape evolves, investors will closely monitor Wood's moves for insights into emerging opportunities and trends in the market.

Shayne Heffernan

Advertisement
Target150
Keep reading
Ontology

Ontology Is the Idea Finance Has Been Missing

The world created around 181 zettabytes of data in 2025, and AI adds more every day than anyone can read. The scarce resource is no longer data or compute. It is understanding, and understanding is a picture. Shayne Heffernan on ontology, the visual layer that turns infinite data into insight, and why finance, banking and regulation need it most.

Shayne Heffernan18 min
Ontology

AI, Musk, Altman, Amodei, Karp and the Insiders' Headstart

A field guide to the people building AI — Elon Musk, Sam Altman, Dario Amodei, Demis Hassabis, Jeff Bezos, Mark Zuckerberg, Jensen Huang, Alex Karp, Satya Nadella and more — what each is building across every frontier sector, and the evidence that the insiders hold an ongoing, compounding headstart. Mapped live on the KXCO Ontology Engine.

Shayne Heffernan23 min
Week Ahead

Economic Calendar and Trading Strategies for the Week Ahead: July 14–18, 2026

A pivotal week for markets: US strikes on Iran reignite the oil risk premium, June CPI and retail sales test the Fed's rate-cut path, and the $1 trillion AI capital loop keeps driving the tech trade. Full economic calendar plus trading strategies across oil, gold, Bitcoin, FX and AI stocks.

Shayne Heffernan25 min
AI Stocks

Who Is Who in the AI Space: The Definitive Guide to AI Stocks in 2026

The definitive 2026 guide to AI stocks: $NVDA, $GOOGL, $MSFT, $AMZN, $META, $TSM, $AVGO, $ORCL and $PLTR in the US; $BABA, $TCEHY and $BIDU in China — each mapped to its layer of the AI value chain, with cashtags, market caps and the investment thesis for each.

Shayne Heffernan34 min
Read Live Trading News on Telegram

Every story, signed and delivered.

Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.

Open @KnightsbridgeInsightsNo email required.