Ark Invest Is Still Bullish on Tesla
May 20, 2021 at 11:23 AM EDT
Tesla (NASDAQ:TSLA), the largest domestic electric vehicle (EV) manufacturer, is experiencing a rough 2021. The shares are off 18.11% (as of May 18), and that slump is affecting an array of exchange traded funds, including the ARK Innovation ETF (NYSEArca: ARKK). ARKK allocates nearly 10% of its...