Cathie Wood-led ARK Investment Management bought 27,811 shares of Tesla Inc (NASDAQ: TSLA) on Monday at an estimated valuation of over $3 million based on the day’s closing price.
As of Thursday, the ARK Innovation ETF (ARCA: ARKK) held 31 stocks. But there's only one name in the entire basket that appeals to Jay Woods, chief market strategist at Drive Wealth and NYSE executive floor director.
Cathie Wood-led ARK Investment Management bought 21,050 shares of Tesla Inc (NASDAQ: TSLA) on Wednesday at an estimated valuation of over $2.39 million.
After another brutal year in 2021, Tesla Inc (NASDAQ: TSLA) short sellers had their best year ever in 2022 as a combination of a difficult macroeconomic environment and some questionable decisions by Tesla CEO Elon Musk sent Tesla's stock price down