Cathie Wood Says Her Confidence Is Growing in Tesla, Ark Invest Has Been Adding to Position

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By Hernandez in Business
Updated 3 years ago

Ark Invest's Cathie Wood told CNBC's ETF Edge the ETF manager is continuing to buy shares of Tesla. Wood also said Ark Invest believes Tesla should break into the ride sharing business. Tesla is the largest holding in Ark Innovation, making up more than 8.5% of the ETF's total weight.

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