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Elon Musk's Establishment of New Party Sparks Investor Concerns, But Receives Support from Ark Invest Founder Cathie Wood
Summary: Following the sharp volatility in Tesla's stock price on Monday, prominent investor and Ark Invest founder Cathie Wood once again came to Elon Musk's defense, pointing out that Musk has recently increased his focus on the company's operations, especially after personally taking over sales operations in the US and Europe. This indicates a deepening commitment ...
Following the sharp volatility in Tesla's stock price on Monday, prominent investor and Ark Invest founder Cathie Wood once again came to Elon Musk's defense, pointing out that Musk has recently increased his focus on the company's operations, especially after personally taking over sales operations in the US and Europe. This indicates a deepening commitment to the company during a critical period. 'When he truly focuses on something, he usually succeeds in completing the task. So I think, compared to the past, such as when he was busy all day at the White House, he is now much more focused,' Wood said.
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Link: Elon Musk's Establishment of New Party Sparks Investor Concerns, But Receives Support from Ark Invest Founder Cathie Wood [Copy]