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Cathie Wood Loads Up On This Tesla Rival As Elon Musk's EV Giant Gears Up For Q3 Earnings - BYD (OTC:BYDDY)
Benzinga· 2025-10-22 01:11
On Tuesday, Cathie Wood-led Ark Invest made a significant move by purchasing shares of BYD Co Ltd (OTC:BYDDY). This decision comes shortly after the Chinese electric vehicle manufacturer announced a recall of over 115,000 vehicles due to battery-related safety issues.The BYD TradeThe Trade was executed through Ark’s ARK Autonomous Technology & Robotics ETF (BATS:ARKQ). The fund acquired 55,523 shares of BYD Co Ltd, valued at approximately $737,900 based on the latest closing price of $13.29. This purchase i ...