Cathie Wood's Ark Invest Bought $53.5 Million of Tesla Stock After Post-Earnings Dip

Price Action
โดย The Motley Fool·Read original
Summary · why it matters

Ark Investment Management, led by Cathie Wood, purchased approximately $53.5 million of Tesla shares following a post-earnings sell-off triggered by a mixed second-quarter update. Tesla's revenue rose 26% year over year to $28.2 billion, but adjusted earnings per share fell 18% to $0.33, partly due to capital expenditures supporting its robotaxi project. The company's unsupervised robotaxi service has expanded to six U.S. cities and logged over 380,000 miles without a notable incident, while management expects double-digit weekly growth in unsupervised miles through year-end. Tesla also plans to begin production of its latest Optimus humanoid robot soon, though investors remain cautious given the company's history of ambitious projections and the regulatory risks tied to autonomous driving.

Impact on stocks 2

Artificial Intelligence▲ · 1 stocks
Electrification & Mobility▲ · 1 stocks
© 2026 MarketDXNews