Bloomberg Talks Ark Invest CEO & CIO Cathie Wood Talks Elon Musk's Massive Pay Package
Nov 6, 2025
Cathie Wood, Founder and CEO of ARK Invest and known for her bullish stance on Tesla, dives into the controversial pay package of Elon Musk. She defends it, asserting the incentives align with long-term success. Wood also discusses ARK's valuation prediction for Tesla, emphasizing the importance of robotaxis. She reflects on current skepticism in the tech sector, likening it to the late '90s, and identifies buying opportunities in life sciences and AI in healthcare. Her insights illuminate ARK's strategic position in a changing landscape.
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Incentives Aligned For Extraordinary Growth
- Cathie Wood argues Tesla's CEO incentives align with delivering unprecedented EBITDA growth targets over 10 years.
- She believes meeting those targets would drive enormous outperformance in the stock.
Elon's Role In Robotaxi And Humanoids
- Cathie Wood says if Elon left today Tesla's robotaxi program would still be at the starting gate and rolling out as of June.
- She adds humanoid robots are a harder project that would likely need Elon's continued leadership to build with confidence.
Robotaxis Drive Tesla Valuation
- ARK's $2,600 2030 price target for Tesla depends about 90% on robotaxi adoption rather than humanoid robots.
- Robotaxis already leverage the same EV and AI platforms that could accelerate humanoid development.