Breaking: Cathie Wood’s ARK Invest Buys Tesla Dip

Cathie Wood’s Firm Buys 66,190 $TSLA Share

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Ark Innovation ETF bought 66,190 Tesla shares worth $13.7 million on Thursday.

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Ark’s main ETF has plunged 63% this year.

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This was the first time Tesla missed revenue estimates since the third quarter of 2021.

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Tesla was the only stock that Ark Investment Management LLC bought on Thursday.

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Tesla is now the second biggest holding of Ark Investment, accounting for 9% of the ETF.

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Cathie Wood sees Tesla hitting $4,600 by 2026.

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