
Cathie Wood and Ark Invest continued to scoop up Tesla in Tuesday stock market with the EV giant poised to announce second-quarter earnings next week. Meanwhile, Tesla stock has formed a new valid base but is hitting resistance at key levels. Wood’s ARK Innovation ETF and ARK Next Gen Internet ETF bought a combined 115,380 TSLA shares on Tuesday for an estimated $35.86 million, according to Wood’s ETF daily trade disclosures.