After SpaceX, Cathie Wood Bets Big On Elon Musk’s Tesla Stock With $38M Buy

Cathie Wood’s ARK Invest has increased its exposure to Elon Musk’s companies by making another sizeable Tesla purchase, just days after its multi-million-dollar investment in SpaceX. The investment manager purchased 96,935 shares of Tesla (NASDAQ: TSLA) in three of its exchange-traded funds (ETFs), on Thursday, July 2. Ad Ad Cathie Wood’s ARK Buys More Tesla