Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla

The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-vehicle maker in her May 23 trading.

Ark also bought and sold some familiar names. All valuations below are as of Monday’s close.

Ark Innovation ETF  (ARKK) – Get ARK Innovation ETF Report purchased 15,858 of electric-vehicle titan Tesla  (TSLA) – Get Tesla Inc Report, valued at $10.2 million. 

Wood for months had been selling Tesla shares, but she had said that the sales…

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