Cathie Wood-led Ark Invest scooped up 15,858 shares, estimated to be worth $10.7 million, in Tesla Inc (NASDAQ: TSLA) amid the stock's recent fall in the backdrop of production issues in China and CEO Elon Musk's impending takeover of Twitter Inc (NYSE: TWTR).
Tesla shares closed 1.6% lower at $674.9 on Monday and have declined over 32% over a month and over 40% since April 4, when Musk revealed a significant stake in Twitter.
