Elon Musk is 'the investor of our age' and won't be distracted by DOGE, Tesla bull Cathie Wood says

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Elon Musk is 'the investor of our age' and won't be distracted by DOGE, Tesla bull Cathie Wood says

^{Published on 2025-03-04 22:20:50 - Fortune}

Ark Invest's flagship product has lagged well behind the S&P 500 in recent years, and shares of the EV maker have plunged 28% this year.

Cathie Wood, the founder of ARK Invest, has expressed strong support for Elon Musk, describing him as the defining investor of our era. In an interview with Bloomberg, Wood emphasized Musk's focus on innovation and long-term value creation, particularly through his companies Tesla and SpaceX. She dismissed concerns about Musk being distracted by Dogecoin or other side ventures, arguing that his involvement in various projects actually showcases his ability to manage multiple high-impact initiatives simultaneously. Wood highlighted Musk's resilience against criticism and his capacity to drive significant technological advancements, reinforcing her belief in his leadership and vision for the future.

Read the Full Fortune Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/elon-musk-is-the-investor-of-our-age-and-won-t-be-distracted-by-doge-tesla-bull-cathie-wood-says/ar-AA1Agh67 ]

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Elon Musk is 'the investor of our age' and won't be distracted by DOGE, Tesla bull Cathie Wood says