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EdF

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EdF

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Thursday, 05/26/2022 9:00:03 AM

Thursday, May 26, 2022 9:00:03 AM

Post# of 100913
Cathie Wood-led Ark Invest added more Tesla Inc (NASDAQ: TSLA) stock

May 26, 2022 06:47 AM ET (BZ Newswire) -- Long Ideas
Cathie Wood-led Ark Invest added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Wednesday, raising its exposure to the electric vehicle maker for the third time in a row this week.

Ark Invest bought 1,343 shares, estimated to be worth $884,768, in Tesla on Wednesday.

Shares of the Elon Musk-led company closed 4.8% higher at $658.8 on Wednesday, but are down 45% so far this year.

Tesla shares have been under intense pressure ever since China introduced extensive three-week lockdowns, including production halts at Giga Shanghai.

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