Cathie Wood's Ark Laps Up $3.3M Worth Of Tesla As Stock Falls For 3rd Straight Session, Sheds Shares Of This Sports Betting Company

Tesla is now the top holding of the firm's flagship - ARKK exchange-traded fund, accounting for 9.83% of the portfolio

Since Friday, the stock has lost a little over 10%, with the company's market cap eroding by about $56 billion.