Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Ark Invest adds $171 mn worth Tesla shares after Tesla declines
short by Hiral Goyal / on Wednesday, 24 February, 2021
Asset management company Ark Invest funds added $171 million worth of Tesla shares on Tuesday, when the Elon Musk-led company's stock closed below $700 for the first time this year. Three of Ark's exchange traded funds (ETF) together bought about 2,40,548 Tesla shares. Electric car maker Tesla's shares accounts for about 10% of the ARK Innovation fund.
read more at Reuters