On Thursday, Cathie Wood-led Ark Invest purchased a substantial number of shares in Tesla Inc. (NASDAQ:TSLA), despite the electric vehicle giant’s recent dip in stock price. The TSLA Trade Ark Invest’s ETFs, ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW), purchased 65,514 and 14,437 shares of Tesla respectively. This move comes after Tesla’s stock price had tumbled nearly 2.25%. The value of the Tesla shares bought by Ark Invest on Thursday is estimated to be around $14 million, calculated from the closing price of $175.79. This move continues Ark’s trend of in…
