On Wednesday, Cathie Wood-led Ark Invest made a significant move by buying shares of Tesla Inc (NASDAQ:TSLA), despite the electric vehicle giant’s recent market challenges. The Tesla Trade Ark Invest’s ARK Next Generation Internet ETF (NYSE:ARKW) acquired 33,143 shares of Tesla, a move that came on the heels of a turbulent period for the company. The value of this trade, based on the closing price of $215.99 on the same day, is approximately $7.16 million. This purchase is particularly noteworthy given the context of Tesla’s recent performance. The company’s second-quarter financial results, r…
