Cathie Wood’s ARK funds said Monday it had snapped up
Tesla
stock. It comes after the EV maker’s shares tumbled following a deliveries miss in the third quarter.
Wood’s
ARK Innovation
ARK Innovation
exchange-traded fund (ticker: ARKK) purchased 108,380 Tesla shares, while the
ARK Next Generation Internet ETF
(ARKW) bought 23,833 shares, according to a trade notification.