Tesla is the top holding in the company’s flagship ARK Innovation ETF (NYSE: ARKK) as well as the ARK Next Generation Internet ETF (NYSE: 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 42.5% year-over-year, as the figures missed consensus estimates. Tesla said it produced 365,923 vehicles in the quarter and delivered 343,830 of them. Analyst expectations ranged between 350,000 and 370,000 with the consensus at 360,000.
