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ARK Investment Buys 160,000 Tesla Shares as Stock Falls 15% on Weak Q2 Earnings

2026-07-25 08:01:10

TSLA-2.03%

According to Barron's, ARK Invest purchased approximately 160,000 Tesla shares on Thursday (July 24) through four of its ETFs, including ARK Innovation ETF, ARK Space & Defense Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF. The purchase came after Tesla reported second-quarter operating profits of $400 million on Wednesday, roughly $1.3 billion below Wall Street expectations, causing the stock to plunge 15% on Thursday and fall an additional 2.1% to close at $313.03 on Friday.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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