cathie woodled ark investment management has bought over 132000 shares of tesla inc tsla via two of the company’s etfs valued at over 32 million based on monday’s closing price tesla is the top holding in the company’s flagship ark innovation etf arkk as well as the ark next generation internet etf arkw valued at over 776 million and 113 million respectively deliveries tesla stock plunged over 8 on monday despite the company reporting record deliveries in the third quarter up 425 yearoveryear as the figures missed consensus estimates tesla said it produced 365923 vehicles in the quarter and delivered 343830 of them analyst expectations ranged between 350000 and 370000 with the consensus at 360000 also read how to invest in tesla stock “historically our delivery volumes have skewed towards the end of each quarter due to regional batch building of cars as our production volumes continue to grow it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks” tesla said in a statement the stock has lost over 39 since the beginning of the year wood has been bullish on tesla and has been an early backer of the evmaker it is our top holding still and our confidence couldnt be higher the ark founder said last tuesday on cnbcs squawk box major sale wood’s funds continued to dump shares of spotify technology sa spot on monday ark sold over 593000 shares of the audio streaming company via two different etfs valued at over 52 million based on monday’s closing price read next heres how many vehicles tesla has produced and delivered in each quarter since 2019