Cathie Wood’s ARK Invest purchased approximately 160,000 shares of Tesla Inc. (TSLA). The transaction occurred on July 25, 2026. This move followed a nearly 15% decline in the stock price.
ARK distributed the shares across four exchange-traded funds. The acquisition included the flagship ARK Innovation ETF (ARKK). Tesla recently reported a second-quarter operating profit of approximately $400 million.
This profit figure fell short of analyst expectations by roughly $1.3 billion. Tesla attributed the miss to weak pricing and higher operational costs. The investment signals ARK’s continued bullish outlook despite investor concerns regarding company growth.