Cathie Wood Sells $11.6 Million in Tesla Shares: Discover Ark's New Acquisitions
Ark Invest's Tesla Trade: Ark Invest sold 27,102 shares of Tesla, valued at approximately $11.6 million, amid concerns about the company's core business performance despite a recent stock rise and a significant market cap increase.
Coinbase Position Increase: Ark Invest purchased 62,166 shares of Coinbase across multiple ETFs, worth nearly $16.5 million, despite recent downgrades from analysts due to stretched valuations and market pressures on crypto-linked companies.
Deere & Co. Acquisition: Ark Invest acquired 30,518 shares of Deere & Co., valued at around $14.3 million, indicating a strategic bet on the company's future recovery despite a decline in stock price following a less favorable fiscal outlook.
Other Notable Trades: Ark Invest also sold shares of Iridium Communications and Ibotta, while buying shares of the ARK 21Shares Bitcoin ETF and Klarna Group PLC, reflecting ongoing adjustments to its investment portfolio.
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- FSD Transfer Program Overview: Tesla has launched a limited-time FSD transfer program allowing customers to order a new vehicle and transfer the Full Self-Driving feature from their existing vehicle by March 31, 2026, aimed at enhancing customer experience and boosting new vehicle sales.
- Eligibility Requirements: Customers must be the legal owners of the current FSD vehicle, with both vehicles under the same Tesla account, ensuring a smooth transfer process that enhances customer loyalty to the Tesla brand.
- Transfer Conditions: Vehicles eligible for transfer must not be under lease, used for commercial purposes, or have unresolved financial issues, ensuring compliance and safety during the transfer process while minimizing potential legal risks.
- Policy Update Context: This program follows Tesla's announcement that the free FSD transfer service will end in March, demonstrating the company's flexibility in adjusting policies to meet market demands and customer feedback.
- Investor Sentiment Shift: Following earnings calls from tech giants like Microsoft, Google, and Amazon, investor confusion about future directions led to Amazon losing over $300 billion in market cap, reflecting strong skepticism regarding its $200 billion AI investment plan.
- Capital Expenditure Comparison: Google announced an increase in capital expenditures to $175 billion to $185 billion, exceeding the expected $115 billion to $120 billion, indicating a proactive approach in AI despite challenges from slowing ad revenues.
- Changing Competitive Landscape: With Alphabet's ongoing investments and successes in AI, YouTube's user base has grown to 750 million, and Waymo's self-driving business is outpacing Tesla, suggesting a strengthening competitive advantage that may attract more investor interest.
- Mixed Market Reactions: Despite OpenAI and Anthropic's strong performance in AI, Microsoft's Copilot sales have been disappointing, highlighting investor concerns about its future growth and reflecting differing levels of confidence across companies.
Tesla's Market Position: Tesla is currently the most valuable car company in the world, leading the automotive industry in market capitalization.
Emerging Competition: Tesla's dominance has attracted increased competition from other car manufacturers looking to capture a share of the electric vehicle market.
- Elevated Safety Standards: Waymo's VP Srikanth Thirumalai stated in an interview that the standards for autonomous driving should exceed human capabilities, emphasizing that safety is paramount, with future efforts focused on reducing sensor costs and improving software quality to ensure product safety.
- Sensor System Optimization: Currently, Waymo employs a comprehensive system with 29 cameras, 5 lidars, and 6 radars to enhance AI perception, planning to reduce the number of sensors in future robotaxi models while iterating and innovating to lower costs and improve software performance.
- Tesla's AI Perspective: Tesla's VP of AI, Ashok Elluswamy, emphasized at the ScaledML Conference that autonomous driving should rely on cameras rather than sensors, arguing that the challenge lies in AI capabilities rather than sensor technology, highlighting the importance of information extraction.
- Ongoing Industry Debate: Despite differing views on autonomous driving technology, both Waymo and Tesla acknowledge the challenges in achieving fully safe autonomous driving, indicating that the debate within the industry continues to evolve.
- Valuation Challenge: Musk acknowledged that Tesla's current market cap of $1.5 trillion requires a 65-fold increase to reach the $100 trillion target, which necessitates an enormous amount of work and a bit of luck.
- Future Market Potential: Robotaxis are projected to be a major contributor to Tesla's valuation, with Ark Invest estimating a $10 trillion market by 2030, while Morgan Stanley and Citi estimate the humanoid robot market to be between $5 trillion and $7 trillion.
- Production Capacity Outlook: Musk anticipates producing 100,000 Optimus humanoid robots monthly within five years, potentially generating $30 billion in annual revenue, which would significantly enhance Tesla's overall revenue structure.
- Energy Storage Growth: Tesla deployed 14.2 GWh of energy storage last quarter and a total of 46.7 GWh over the past year, demonstrating strong growth potential in the renewable energy sector, further enhancing the company's market competitiveness.
- Musk Ordered to Testify: A federal judge has ruled that Elon Musk must testify regarding his role in dismantling USAID, rejecting his legal team's attempt to avoid questioning, which could impact Musk's reputation and future business endeavors.
- Alphabet Beats Earnings Estimates: Alphabet reported fourth-quarter revenue of $113.83 billion, surpassing the Street consensus estimate of $111.31 billion, with earnings per share of $2.82 exceeding expectations of $2.63, indicating strong performance in advertising and cloud services that may drive stock price increases.
- Amazon Delivery Milestone: Amazon announced it delivered over 13 billion items globally in 2025, with more than 8 billion items reaching U.S. Prime members the same or next day, a speed enhancement that will further strengthen its competitive position in the e-commerce market.
- Tesla's New Model Launch: Tesla unveiled a new All-Wheel Drive variant of the Model Y in the U.S. and Puerto Rico following Elon Musk's announcement of discontinuing the Model S and X, which could attract more consumers and enhance market share.











