Cathie Wood Defends Elon Musk as 'Investor of Our Age', Unfazed by DOGE and Tesla Stock Decline
2025-03-05
Fortune
Despite Ark Invest's flagship product struggling to keep pace with the S&P 500 and Tesla's shares plummeting 28% this year, Cathie Wood remains bullish on Elon Musk, calling him the 'investor of our age'. Wood's confidence in Musk's vision and innovative approach to electric vehicles and clean energy is unwavering, even as the market navigates cryptocurrency fluctuations, including DOGE. With a focus on long-term growth and disruptive technologies, Wood's investment strategy continues to attract attention from investors seeking to capitalize on emerging trends in the EV and renewable energy sectors, including sustainable investing and ESG investing.
