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Cathie Wood Adds Another $1M In Tesla After Elon Musk's Stock Sale

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Cathie Wood-led ARK Investment Management continued to buy Tesla Inc (NASDAQ: TSLA) shares on Thursday with the funds purchasing over 6,000 shares of the EV maker at an estimated valuation of over $1 million.

On Wednesday, funds managed by ARK had loaded up on Tesla shares worth over $11 million with the bulk of the purchase conducted via the flagship Ark Innovation ETF.