Cathie Wood Doubles Down on Autonomous Driving: Ark Invest’s Bold Bet on WeRide Stock Signals Robo-Taxi Revolution

Cathie Wood's Ark Invest just placed another massive wager on the future of transportation—and Wall Street's skeptics are scrambling to adjust their spreadsheets.

Autonomous Ambition Meets Institutional Conviction

The fund's latest disclosure reveals a significant accumulation of WeRide shares, signaling unwavering confidence in the Chinese autonomous vehicle pioneer. This isn't a speculative dip—it's a strategic allocation from an investor famous for backing technological inflection points years before they hit the mainstream.

Why This Bet Matters Beyond the Balance Sheet

Wood's move cuts through the noise of quarterly earnings reports and taps directly into a core thesis: autonomous driving platforms will disrupt the trillion-dollar mobility market. WeRide's progress in robotaxi deployments and its full-stack technology approach bypasses the incrementalism plaguing legacy automakers.

The Road Ahead: Regulation, Scaling, and Adoption

The real test won't be on a test track—it'll be in city councils and public perception. Scaling autonomous networks requires navigating regulatory mazes and winning over a skeptical public, challenges that make pure technological prowess look like the easy part. Meanwhile, traditional auto analysts are still debating next quarter's delivery numbers—a classic case of fighting the last war.

Ark's bet isn't just on a company; it's a direct challenge to the entire transportation status quo. If Wood's vision plays out, today's investment will look less like a gamble and more like a blueprint for the next decade of mobility. If not, well, it'll make for another fascinating footnote in the history of disruptive investing—and another reason for finance traditionalists to smugly adjust their bow ties.

TLDR

• Cathie Wood’s ARK ETF bought 23,724 shares of GeneDx Holdings Corp worth $3.81 million on December 3, 2025
• ARK sold 214,591 shares of Iridium Communications worth $3.58 million across multiple ETFs
• ARK purchased 191,149 shares of WeRide Inc valued at $1.66 million through its ARKQ ETF
• Over three trading sessions, ARK bought a total of 858,295 WeRide ADSs as part of its autonomous vehicle strategy
• ARK also sold 60,304 shares of Ibotta Inc worth $1.43 million and reduced holdings in Roku Inc

Cathie Wood’s ARK ETF executed several large trades on December 3, 2025, with the biggest purchase being GeneDx Holdings Corp stock. ARK bought 23,724 shares of the genomics company across its ARKK and ARKG ETFs. The total value of this purchase reached approximately $3.81 million.

GeneDx Holdings Corp., WGS

The GeneDx purchase shows ARK’s continued focus on the genomics sector. The investment firm has maintained interest in companies working on genetic testing and analysis.

On the selling side, ARK reduced its position in Iridium Communications. The firm sold 214,591 shares across multiple ETFs including ARKK, ARKQ, and ARKX. The total value of the Iridium sale was around $3.58 million.

This Iridium sale continues a pattern of consistent selling in recent days. ARK has been steadily reducing its exposure to the satellite communications company.

WeRide Investments Grow

ARK purchased 191,149 shares of WeRide Inc through its ARKQ ETF on December 3. The autonomous driving company stock purchase was valued at approximately $1.66 million. This marks the third consecutive trading session where ARK bought WeRide shares.

WeRide Inc., WRD

Over the three-day period, ARK accumulated 858,295 WeRide ADSs total. The purchases align with ARK’s investment thesis on autonomous vehicle technology. ARK’s Big Ideas 2025 report forecasts that autonomous mobility could become a multi-trillion-dollar market by 2030.

WeRide operates with autonomous driving permits in eight countries. The Chinese company has attracted investments from major technology and financial institutions. Shareholders include Bosch, Fidelity, Nvidia, Temasek, Morgan Stanley Investment Management, and several sovereign wealth funds.

Additional Portfolio Changes

ARK sold 60,304 shares of Ibotta Inc through its ARKW and ARKF ETFs. The mobile rewards platform stock sale was worth approximately $1.43 million. This continues a week-long pattern of reducing the Ibotta position.

The firm also made smaller purchases during the trading session. ARK bought 1,551 shares of Shopify Inc through its ARKK ETF for $243,243. The firm added 1,254 shares of Bullish worth $53,997.

ARK purchased 3,647 shares of Kodiak AI Inc through ARKQ. The AI company stock buy was valued at $20,313.

The firm reduced its Roku Inc holdings by selling 5,380 shares via ARKK. The streaming platform stock sale amounted to $528,638. This follows a larger Roku sale earlier in the week.

The December 3 trades show ARK adjusting its portfolio composition. The firm is adding positions in genomics and autonomous vehicle companies while trimming satellite communications and streaming platform holdings.