--- title: "Tesla was reduced by \"tech goddess\" Cathie Wood" type: "News" locale: "en" url: "https://longbridge.com/en/news/265814449.md" description: "Ark Invest significantly reduced its holdings in Tesla while increasing its stake in stablecoin issuer Circle. On Wednesday, Ark Invest's ETFs purchased over 353,000 shares of Circle, totaling more than $34.73 million, and sold over 70,000 shares of Tesla, totaling more than $30.98 million. This move indicates Ark Invest's strong interest in Circle and continues the recent trend of reducing its Tesla holdings" datetime: "2025-11-14T00:25:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265814449.md) - [en](https://longbridge.com/en/news/265814449.md) - [zh-HK](https://longbridge.com/zh-HK/news/265814449.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/265814449.md) | [繁體中文](https://longbridge.com/zh-HK/news/265814449.md) # Tesla was reduced by "tech goddess" Cathie Wood According to , Ark Invest, led by Cathie Wood, known as the "Goddess of Tech Stocks," has significantly increased its holdings in the stablecoin issuer Circle (CRCL.US) through multiple exchange-traded funds (ETFs), while substantially reducing its stake in the American electric vehicle manufacturer Tesla (TSLA.US). The daily trading record of Ark ETFs on Wednesday revealed a major adjustment in its investment strategy, with the most market attention focused on the purchase of over 353,000 shares of Circle, totaling more than $34.73 million. This increase in holdings is spread across ARKK, ARKW, and ARKF ETFs, indicating ARK's strong interest in Circle. In stark contrast, ARK has significantly reduced its Tesla holdings, selling over 70,000 shares, totaling more than $30.98 million, continuing the recent trend of selling Tesla shares, with similar sell-off actions taken in previous trading days. (BC) ### Related Stocks - [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md) - [Circle (CRCL.US)](https://longbridge.com/en/quote/CRCL.US.md) - [GraniteShares 2x Short TSLA Daily ETF (TSDD.US)](https://longbridge.com/en/quote/TSDD.US.md) - [Direxion Daily TSLA Bull 2X Shares (TSLL.US)](https://longbridge.com/en/quote/TSLL.US.md) - [Tradr 2X Short TSLA Daily ETF (TSLQ.US)](https://longbridge.com/en/quote/TSLQ.US.md) - [XI2CSOPTSLA-U (09366.HK)](https://longbridge.com/en/quote/09366.HK.md) - [XL2CSOPTSLA (07766.HK)](https://longbridge.com/en/quote/07766.HK.md) - [XI2CSOPTSLA (07366.HK)](https://longbridge.com/en/quote/07366.HK.md) - [GraniteShares 2x Long TSLA Daily ETF (TSLR.US)](https://longbridge.com/en/quote/TSLR.US.md) ## Related News & Research - [Jeff Bezos-backed Slate Auto plans national customization hub](https://longbridge.com/en/news/280690916.md) - [Circle Group’s eXyond boosts infomobility reach with QMAP acquisition](https://longbridge.com/en/news/281191222.md) - [Anthropic Reportedly Accidentally Leaks Certain Claude Code Internal Source Code](https://longbridge.com/en/news/281339600.md) - [Where Will Tesla Stock Be in 5 Years?](https://longbridge.com/en/news/281391876.md) - [Tesla first-quarter deliveries are coming. What it means for the stock.](https://longbridge.com/en/news/281359346.md)