Cathie Wood Doubles Down On Tesla Amid 60% Downside Warning: Ark Adds Another $11.4 Million Worth Of TSLA Stock
Ark Invest, led by Cathie Wood, executed a significant trade on Thursday by purchasing shares of Tesla Inc. (NASDAQ:TSLA). This move comes amid mixed analyst opinions and market volatility surrounding the electric vehicle giant. The Tesla Trade ARK Innovation ETF (BATS:ARKK) acquired 33,210 shares of the Elon Musk-led company. The purchase was made amid recent bearish sentiment among analysts, including JPMorgan’s R…
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