On Monday, Cathie Wood‘s Ark Invest made a significant move by purchasing $3.3 million worth of Tesla Inc (NASDAQ:TSLA) shares, reinforcing its faith in the electric vehicle giant despite its recent stock slump. This move comes amidst Tesla’s challenging market scenario, as detailed in recent Benzinga reports. The Tesla Trade Tesla purchased 14,598 Tesla shares through its flagship ARK Innovation ETF (NYSE:ARKK) and another 2,648 shares through ARK Next Generation Internet ETF (NYSE:ARKW). The total number of shares purchased was 17,246. On Monday, Tesla shares closed 4.19% higher at $190.93. …
