Cathie Wooden’s ARK Snaps Up Tesla After Inventory Plunges on Deliveries Omit

Cathie Wood’s ARK funds said Monday it had snapped up


stock. It comes after the EV maker’s shares tumbled following a deliveries miss in the third quarter.


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.

Leave a Reply

Your email address will not be published. Required fields are marked *