On Wednesday, Cathie Wood-led Ark Invest made a significant move in the stock market, purchasing nearly $25 million worth of Tesla Inc (NASDAQ:TSLA) shares. On the same day, Ark also sold almost a similar amount of Coinbase Global Inc.’s (NASDAQ:COIN) shares. The Tesla Trade Ark purchased 2,508,5178 Tesla shares through its flagship ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW). The transaction was valued at $25.08 million. On Wednesday, Tesla shares closed 4.01% lower at $238.45. This trade comes amidst a backdrop of Ark Invest’s strong belief in Tesla’s pote…
