Cathie Wood’s Ark Invest Snatches Up $4.7M More In Tesla Shares, Invests Equally In This Rocket Company

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In a notable move on Thursday, Cathie Wood‘s Ark Invest acquired a substantial number of Tesla Inc (NASDAQ:TSLA) shares, valued at approximately $4.7 million. This purchase is part of a series of recent investments in the Elon Musk-led company, underscoring Ark Invest’s continued confidence in Tesla’s market potential. The Tesla Trade The Tesla shares were purchased through the flagship ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation Internet ETF (NYSE:ARKW). ARK purchased a total of 24,782 shares on Thursday. For the day, the shares closed 0.8% higher at $188.86. Tesla shares have face…

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