---
title: "\"Wooden Sister\" has recently sold off Tesla stocks continuously, earning over 70 million USD"
description: "\"Wood Sister\" Cathie Wood's Ark Investment Management recently sold 62,151 shares of Tesla stock, with a transaction value of approximately $16 million. At the same time, Wood also purchased AMD stock"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/218460100.md"
published_at: "2024-10-31T10:44:21.000Z"
---

# "Wooden Sister" has recently sold off Tesla stocks continuously, earning over 70 million USD

> "Wood Sister" Cathie Wood's Ark Investment Management recently sold 62,151 shares of Tesla stock, with a transaction value of approximately $16 million. At the same time, Wood also purchased AMD stock

On Wednesday local time, "Cathie Wood" and her firm ARK Invest conducted a series of significant transactions, with the most notable being Tesla. Data shows that ARK Innovation ETF and Ark Next Generation Internet ETF sold a total of 62,151 shares of Tesla. Based on Tesla's closing price of $257.55 on Wednesday, the value of this transaction was approximately $16 million. While selling Tesla shares, Wood also purchased AMD shares on Wednesday

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- [TSLA.US - Tesla](https://longbridge.com/en/quote/TSLA.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
