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2023-01-04

Double down is real

Cathie Wood Adds Tesla For 5th Straight Day With Whopping $19M Buy Amid Stock's Rocky 2023 Start

Cathie Wood-led ARK Investment Management bought 176,112 shares of Tesla Inc at an estimated valuati

Cathie Wood Adds Tesla For 5th Straight Day With Whopping $19M Buy Amid Stock's Rocky 2023 Start

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Since mid-December, funds managed by ARK have bought over 652,000 shares of the Elon Musk-led company, a period where Tesla shares shed more than 31%.</p><p>Tuesday’s purchases were made via the flagship <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> and the <a href=\"https://laohu8.com/S/ARKQ\">ARK Autonomous Tech. &amp; Robotics ETF</a>, both of which have Tesla as their third largest holding.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107607733","content_text":"Cathie Wood-led ARK Investment Management bought 176,112 shares of Tesla Inc at an estimated valuation of over $19 million on a day when the stock witnessed a significant decline.Shares of the EV maker tumbled 12.24% on Tuesday, dragged by concerns over weakening demand and logistical problems that have hampered deliveries. 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