Learn more

Tesla, Inc. (NASDAQ:TSLA) shares fell sharply intraday on Monday before recouping most of the losses and ending moderately lower, with worries concerning first-quarter delivery miss potentially triggering the sell-off. Undeterred by this, Cathie Wood’s Ark Invest bought another bunch of Tesla shares on Monday. Tesla Buying: Ark, through its flagship Ark Innovation ETF (NYSE:ARKK) and Ark Next Generation Internet ETF (NYSE:ARKW) bought 84,164 Tesla shares on Monday. The purchase would have cost the firm $14.75 million, based on Tesla’s closing price of $175.22. Tesla is ARKK’s second-biggest ho…

cuu