Cathie Wood's Ark Invest Continues To Offload Tesla As Elon Musk Moves On From Trump Administration

Rounak Jain

May 30, 2025

On Friday, Cathie Wood-led Ark Invest made some significant trades. The most prominent among these were in Tesla Inc. (NASDAQ:TSLA), 10X Genomics Inc. (NASDAQ:TXG), Intellia Therapeutics Inc. (NASDAQ:NTLA), 3D Systems Corp. (NYSE:DDD), and Adaptive Biotechnologies Corp. (NASDAQ:ADPT).

The TSLA Trade: Ark Invest sold 6,511 shares of Tesla from its ARK Innovation ETF (BATS:ARKK) fund. This move comes in the wake of significant developments for the electric vehicle giant, including insider sales and CEO Elon Musk’s decision to quit his government role.

The TXG and NTLA Trades: Ark Invest bought shares of 10X Genomics Inc. and Intellia Therapeutics Inc. from both its ARK Genomic Revolution ETF (BATS:ARKG) and ARKK funds.

The firm purchased 46031 shares of TXG and 30357 shares of NTLA from the ARKG fund, and 296148 shares of TXG and 196156 shares of NTLA from the ARKK fund.

The DDD Trade: Ark Invest sold shares of 3D Systems Corp. from its ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) and ARKX funds. The firm sold 36868 shares from the ARKQ fund and 11503 shares from the ARKX fund.

The ADPT Trade: Ark Invest sold 164741 shares of Adaptive Biotechnologies Corp. from its ARKG fund.

Read Next:

President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Recommended

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

The Tesla Shock Nobody Sees Coming - Ad

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge - Ad

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

Social Security Administration Sends 'Unbelievable' Email On Trump's 'Big, Beautiful Bill': Report

Email from SSA claims Trump's tax law will eliminate taxes on Social Security benefit. Critics call it politically motivated and incorrect.

Back This Medical AI Tech

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

A judge resisted Trump’s order on gender identity. The EEOC just fired her

The federal agency charged with protecting workers’ civil rights has terminated a New York administrative judge who , including President Donald Trump’s executive order decreeing male and female as .

Cathie Wood's Alpha Surge: $250 Million Circle Windfall, Big AMD Buys

Cathie Wood, founder and CEO of ARK Invest, has recently been on a hot streak of successful and high-profile trades through her flagship ARK ETFs.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Bernie Sanders Shares First Thing He Would Do As President — And It Could Be A Jab At Elon Musk

Bernie Sanders lost the 2016 and 2020 presidential races. In a recent interview, Sanders shared what he would do first if he were president.

After Diddy's conviction, here's where his business ventures stand

LOS ANGELES (AP) — Sean “Diddy” Combs has been in his federal sex trafficking trial, but that doesn't mean the once-celebrated music mogul will see his business empire restored.

Gold Just Hit Another Record. This Junior Could Be Next.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

7 Indicted After $100 Million Worth Of Gems, Gold Vanish In Largest Jewelry Heist In US History

7 men indicted for largest jewelry theft in US history, stealing $100M worth of gems & watches from Brinks truck.

California-Trump Legal Battle Over National Guard Deployment Escalates After Court Ruling

California's legal battle with Trump over military deployment in LA is at a standstill after an appeals court ruled in Trump's favor.

The Most Important "AI Stock" You've Never Heard Of

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

After Trump Warns Elon Musk To 'Close Up Shop,' China Rallies Behind World's Richest Man: 'There's No Need To Keep Putting Up With It'

Chinese social media users support Elon Musk's stance against Trump's 'One Big, Beautiful Bill' as Musk could found a political party.

Asia Markets Mixed, Europe Edges Lower, Dollar Weakens On Rate Cut Bets - Global Markets Today While US Slept

US markets closed higher on Friday with record highs amid trade optimism and Fed rate cuts. Dow up 1%, S&P 500 up 0.54%, Nasdaq up 0.52%.

Copper's Spiking - And This Junior Has the Grades to Match

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Copper is climbing again - and this time, it looks tariff-proof. A $31M junior just posted nearly 1B lbs of copper equivalent. With insiders and institutions piling in, this could be the next breakout.

FDA requires updated warning about rare heart risk with COVID shots

WASHINGTON (AP) — said Wednesday it has expanded existing warnings on the two leading COVID-19 vaccines about a rare heart side effect mainly seen in young men.

Trump ramps up attacks on the Federal Reserve but Powell sticks to 'wait and see' stance

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Tuesday stuck to that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's effect the economy, despite the from the White House, which wants lower borrowing costs.

How to Hack a $1.3T Market

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Lawmakers Investigate Whether Pfizer Delayed COVID-19 Vaccine Results For Political Reasons

House Judiciary subpoenas ex-Pfizer exec Philip Dormitzer amid claims the COVID-19 vaccine announcement was delayed to avoid influencing the 2020 election.

US brings charges in North Korean remote worker scheme that officials say funds weapons program

WASHINGTON (AP) — The Justice Department announced criminal charges Monday in connection with a scheme by North Korea to fund its weapons program through the salaries of remote information technology workers employed unwittingly by U.S. companies.

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

A high-grade copper-gold discovery in Quebec just delivered extremely high grade intercepts. Valuation? Just $31M. With copper breaking out, the timing here could be perfect. Get the symbol here.

Trump says he's not planning to extend a pause on global tariffs beyond July 9

WASHINGTON (AP) — President Donald Trump says he is not planning to extend on most nations beyond July 9, when the negotiating period he set would expire, and his administration will notify countries that the trade penalties will take effect unless there are

A strike by air traffic controllers is disrupting travel to, from and over France

PARIS (AP) — About 40% of flights were canceled Friday at all Paris airports and tens of thousands of passengers were rearranging plans at the height of the summer travel season because of a strike by French seeking better working conditions.

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Dan Ives Urges Apple 'To Make A Move,' Saying That Perplexity Acquisition Is 'A No-Brainer': 'It's A Matter Of When And Not If'

Tech bull Daniel Ives has urged Tim Cook's Apple to make quick moves and acquire Perplexity AI for its search engine.

Anne Wojcicki's nonprofit gets court approval to buy 23andMe for $305 million

NEW YORK (AP) — Anne Wojcicki's bid to buy , the genetic testing company she cofounded nearly 20 years ago, has received the court greenlight.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Nations are meeting to drum up trillions to combat poverty — but the US isn't going

UNITED NATIONS (AP) — Many of the world’s nations are gathering starting Monday in Spain for a high-level conference to tackle the and try to drum up trillions of dollars needed to close it. The United States, previously a major contributor, pulled its participation, so finding funding will be tough.

Elon Musk Announces Formation of 'America Party' Emerges in Wake of Donald Trump's Historic Spending Bill

Elon Musk has announced the formation of a new political party, the "America Party."

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge - Ad

Antimony prices soared last year, but few investors noticed. One firm, sitting on a historic deposit, is perfectly positioned to benefit as demand grows for defense.

Gen Z Loves Job-Hopping, But This Boss Who Stayed In The Same Company For 35 Says There's An Upside To Staying Put

CEO Janet Godwin says best advice was to focus on current job, not next promotion. Gen Z prioritizes flexibility, while job hopping can lead to higher earnings but also impact retirement savings.

Joe Rogan Once Said He Started Doubting The Apollo Missions After COVID-19, Compared Post-Flight Press Conference To A 'Hostage Video'

Joe Rogan told Matt Walsh he began doubting the moon landing after COVID, while Walsh argued that faking the Apollo missions would have been even more unbelievable than achieving them.

Back This Medical AI Tech

Back This Medical AI Tech - Ad

Trump Says Israel Ready For 60 Day Ceasefire In Gaza, Hopes Hamas Takes The Deal Because It Won't 'Get Better'

Trump proposed 60-day ceasefire in Gaza, which Israel has agreed to. Qatar and Egypt will deliver the proposal to Hamas. Trump meets Netanyahu next week.

Shooting Stars: Rocket Lab Breaks Records (And Stock Up 640% In Past Year), AST SpaceMobile Impresses Defense, Kuiper Grows

Here's a look at recent highlights, news catalysts and upcoming events in the space stock sector.

Is Elon's Empire Crumbling?

Is Elon's Empire Crumbling? - Ad

NIKE, Datadog And Snap Are Among Top 11 Large Cap Gainers Last Week (June 30-July 4): Are The Others In Your Portfolio?

11 best performing large-cap stocks last week, including Symbotic, Nike, First Solar, Datadog, HPE, Summit Therapeutics, Carnival, POSCO, Wynn Resorts, SharkNinja, and Snap

Figma's Crypto Playbook Revealed Ahead Of IPO: $69 Million In Bitcoin ETFs, $30 Million More Coming Soon

Design company Figma (NYSE:FIG) has filed for an IPO and, along with sharing impressive revenue figures and year-over-year growth, the company's investments in Bitcoin (CRYPTO: BTC) are making headlines.

Gold Just Hit Another Record. This Junior Could Be Next.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Trump Signs Sweeping Tax And Spending Bill That CBO Says Will Add $3.3 Trillion To US Deficit, Cut Health Coverage For 11.8 Million Americans

On July 4, Trump signed a tax and spending bill into law, touting it as a historic win despite projections of widening the deficit.

Trending Now

Trump's 'Big, Beautiful Bill' Offers Seniors A $6,000 'Bonus' Tax Deduction: Here's How You Qualify For The Benefit

Trump Says Jerome Powell Should 'Resign Immediately' After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan

The Most Important "AI Stock" You've Never Heard Of - Ad

Jeff Bezos, Lauren Sanchez Get Married In A $50 Million Wedding In Venice: From Foam Party On His $500 Million Yatch To Goodie Bags, Here's What We Know

Marjorie Taylor Greene: 'Muslim Takeover' Threatens American Women

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Cargo ship carrying new vehicles to Mexico sinks in the North Pacific weeks after catching fire

Shaquille O'Neal Wants $50 Million From Lakers Following $10 Billion Sale

How to Hack a $1.3T Market - Ad

What's in the latest version of Trump's big bill that passed the Senate

North Koreans swim and play at a beach resort touted as a boost for tourism

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

Mark Cuban Raises Employee Wages After Learning Of Government Aid Dependence

Trump asks Supreme Court to remove 3 Democrats on the Consumer Product Safety Commission

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Cash-Rich IonQ To Capture 20% Of Quantum Market By 2035

This Stock Just Popped 30% In 5 Days — Now Expert Says It 'Looks Potentially Explosive'

The Tesla Shock Nobody Sees Coming - Ad

Nvidia, Crowdstrike, Wolfspeed, Cadence Design Systems And Microsoft: Why These 5 Stocks Are On Investors' Radars Today

650% Later, Rocket Lab CEO Isn't One Bit Worried

This Rare Metal Spiked 300%-And One Tiny Firm May Be Riding the Surge - Ad

Women can be drafted into the Danish military as Russian aggression and military investment grows

Mexican banks face cascading consequences following US sanctions

Back This Medical AI Tech - Ad

Supreme Court OKs fee that subsidizes phone, internet services in schools, libraries and rural areas

Once known as 'Dirty Myrtle,' Myrtle Beach is now the fastest-growing US metro for seniors

Is Elon's Empire Crumbling? - Ad

KKR Bets On Sustainable Protein Demand With ProTen Investment In Australia

Quantum Stocks Surge And Stumble: Here's What Happened This Week

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

Cramer Praises Monster Beverage As 'Smoking Hot,' Warns Investors About This AI Stock

Elon Musk-Led Tesla Sales Surge 12% In The UK During June: Q2 Deliveries Beat Analyst Estimates

The Most Important "AI Stock" You've Never Heard Of - Ad

Rural hospitals brace for financial hits or even closure under Republicans' $1 trillion Medicaid cut

Thinking about taking a stab at IV therapy? Ask some questions first

Copper's Spiking - And This Junior Has the Grades to Match - Ad

Gamblers Say Trump's New Tax Rule Could Cost Them — Even When They Lose

NIO Breaks Tradition, Repositions Key Event To Align With SUV Debut

How to Hack a $1.3T Market - Ad

Datadog Stock Surges On S&P 500 Inclusion

Carnival's Wild New Private Resort Makes Waves With Huge Swim-Up Bar, Giant Sandcastle

Copper's Rally Is Back. This $31M Junior Is Sitting on a Potential Fortune - Ad

Iran resumes international flights after a 20-day suspension

Takeaways as Congress sends tax and spending cuts bill to Trump's desk

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Elon Musk Renews Demand for Jeffrey Epstein Files Release, Weeks After Alleging Trump Is Named in Them

Democratic Congressman Tom Suozzi's Stock Sale Used A Disclosure Loophole: Report

The Tesla Shock Nobody Sees Coming - Ad

Boeing Rises 2.8% After Key Trading Signal

Trump's Megabill Brings Tax Breaks for the Wealthy and Welfare Cuts — Here's How Your Income Taxes Could Change

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.