<ul><li>ARK Invest, a Tesla bull, offloaded over 51,000 shares of the electric automaker on Wednesday night, aiming to equal out the concentration of certain securities within its ETFs.</li><li>The sale, worth around $21.8 million, came from ARK's Innovation ETF (ARKK) and does not indicate a decision to take a profit.</li><li>ARK Invest also purchased 348,733 shares of Tempus AI as part of its portfolio adjustments.</li><li>Cathie Wood, the CEO of ARK Invest, predicts Tesla's fivefold growth in the next five years.</li></ul>

Tesla bull ARK offloads over 51,000 shares amid stock run up

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