[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 305.7K followers Created: 2025-07-03 12:59:54 UTC Cathie Wood’s Ark Invest made notable portfolio moves Tuesday, doubling down on Tesla while trimming its Coinbase stake amid legal and market headwinds. Ark’s flagship fund, ARK Innovation ETF, bought XXXXXX shares of Tesla, and its ARK Next Generation Internet ETF added XXXXXX shares—together worth about $XXXXX million. Tesla stock closed at $XXXXXX. The purchase comes as Tesla shares dip, partly due to Elon Musk’s public feud with Donald Trump over the federal spending bill. Despite the volatility, Ark remains confident in Tesla’s long-term prospects. Analyst Dan Ives of Wedbush also reiterated his bullish stance, forecasting a $X trillion valuation for Tesla, even without factoring in potential gains from its Optimus humanoid robot. Tesla remains Ark’s largest holding, accounting for XXX% of the portfolio and valued at $XXXXX million. Meanwhile, Ark reduced its Coinbase position, selling XXXXX shares from ARKW, worth about $XXXX million. The sale follows the Supreme Court’s refusal to block IRS access to user data, intensifying Coinbase’s legal challenges. Other trades included a large buy of ATAI Life Sciences and sales of shares in Adaptive Biotechnologies and Roblox. Ark also added to its position in Compass Pathways. These moves reflect Ark’s ongoing strategy to navigate regulatory uncertainty and tech volatility.  XXXXX engagements  **Related Topics** [stocks](/topic/stocks) [fund manager](/topic/fund-manager) [notable](/topic/notable) [investment](/topic/investment) [ark](/topic/ark) [tesla](/topic/tesla) [stocks consumer cyclical](/topic/stocks-consumer-cyclical) [stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries) [Post Link](https://x.com/Benzinga/status/1940757393450623077)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Benzinga @Benzinga on x 305.7K followers
Created: 2025-07-03 12:59:54 UTC
Cathie Wood’s Ark Invest made notable portfolio moves Tuesday, doubling down on Tesla while trimming its Coinbase stake amid legal and market headwinds.
Ark’s flagship fund, ARK Innovation ETF, bought XXXXXX shares of Tesla, and its ARK Next Generation Internet ETF added XXXXXX shares—together worth about $XXXXX million. Tesla stock closed at $XXXXXX.
The purchase comes as Tesla shares dip, partly due to Elon Musk’s public feud with Donald Trump over the federal spending bill. Despite the volatility, Ark remains confident in Tesla’s long-term prospects.
Analyst Dan Ives of Wedbush also reiterated his bullish stance, forecasting a $X trillion valuation for Tesla, even without factoring in potential gains from its Optimus humanoid robot. Tesla remains Ark’s largest holding, accounting for XXX% of the portfolio and valued at $XXXXX million.
Meanwhile, Ark reduced its Coinbase position, selling XXXXX shares from ARKW, worth about $XXXX million. The sale follows the Supreme Court’s refusal to block IRS access to user data, intensifying Coinbase’s legal challenges.
Other trades included a large buy of ATAI Life Sciences and sales of shares in Adaptive Biotechnologies and Roblox. Ark also added to its position in Compass Pathways. These moves reflect Ark’s ongoing strategy to navigate regulatory uncertainty and tech volatility.
XXXXX engagements
Related Topics stocks fund manager notable investment ark tesla stocks consumer cyclical stocks bitcoin treasuries