Cathie Wood's Ark funds plow another $19 million into Tesla stock after Elon Musk's EV maker missed delivery targets
) fund bought 31,336, for a combined total of 176,112. Tesla now makes up 6.55% of ARKK's holdings, worth more than $380 million. as Tesla suffers its worst decline since going public in 2010.in the previous 12 months. It also missed forecasts for the fourth quarter of 2022, notching 405,000 deliveries, compared with an estimated 430,000.that saw Ark buy roughly $88 million of Tesla stock in the fourth quarter of last year.
Tesla stock fell 65% over the course of last year, and plunged 40% in December alone. The automaker had a tough 2022, and has offered
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