The headline says sell but the

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The headline says sell but the body says buy... so which is which.

Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply

On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of $Tesla Motors(TSLA)$ , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s

Tesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply

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The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.</p><p style=\"text-align: start;\">This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.</p><p style=\"text-align: start;\">Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.</p><p style=\"text-align: start;\">On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.</p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p>Ark Fintech Innovation ETF bought 1,059 shares of  <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></p></li><li><p>Ark Fintech Innovation ETF sold shares of  <a href=\"https://laohu8.com/S/TOST\">Toast, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF bought shares of  <a href=\"https://laohu8.com/S/TXG\">10x Genomics, Inc.</a> </p></li><li><p>ARK Genomic Revolution ETF sold shares of  <a href=\"https://laohu8.com/S/TDOC\">Teladoc Health Inc.</a> </p></li><li><p>ARK Autonomous Technology &amp; Robotics ETF bought shares of  <a href=\"https://laohu8.com/S/OKLO\">Oklo Inc.</a> </p></li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Bull Cathie Wood's Ark Invest Sells $7.16M Worth Of EV Maker's Shares After Q2 Earnings Reveal Profits Tanked Sharply\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-25 11:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of  Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s  ARK Next...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF","TDOC":"Teladoc Health Inc.","MELI":"MercadoLibre","ARKW":"ARK Next Generation Internation ETF"},"source_url":"https://www.benzinga.com/markets/equities/24/07/39947856/tesla-bull-cathie-woods-ark-invest-sells-7-16m-worth-of-ev-makers-shares-after-q2-earnings-revea","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108198959","content_text":"On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of  Tesla Motors , despite the electric vehicle giant’s recent market challenges.The Tesla TradeArk Invest’s  ARK Next Generation Internation ETF  acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million.This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, reported on Tuesday, showed a revenue beat but an EPS miss.Furthermore, Tesla’s automotive revenue dropped 7% YoY to $19.9 billion, marking its second straight quarter of YoY sales declines. This was the first time the company had experienced consecutive quarters of declining sales volume. Despite these challenges, Ark Invest has shown confidence in Tesla’s long-term prospects.On Tuesday, Ark Invest sold nearly $3.7 million worth of Tesla shares in continuation of a recent trend.Other Key Trades:Ark Fintech Innovation ETF bought 1,059 shares of  MercadoLibreArk Fintech Innovation ETF sold shares of  Toast, Inc. ARK Genomic Revolution ETF bought shares of  10x Genomics, Inc. ARK Genomic Revolution ETF sold shares of  Teladoc Health Inc. ARK Autonomous Technology & Robotics ETF bought shares of  Oklo Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":168,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":54,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}