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Cathie Wood-led Ark Investment Management on Thursday bought shares in Tesla Inc TSLA on the dip and also raised its exposure in the U.S. listed Chinese electric vehicle maker Xpeng Inc XPEV. The popular investment management firm bought 1,252 shares — estimated to be worth $1.09 million — in the Elon Musk-led company on the day shares of the company closed 5.09% lower at $876.3 a share.
...read full article on Benzinga
