Bloomberg Talks

Cathie Wood Talks Elon Musk, Tesla

Jul 8, 2025
Cathie Wood discusses the impact of Elon Musk's political ambitions on Tesla's stock and reputation. The conversation dives into how these controversies affect the company's transition from electric vehicles to a player in the robo-taxi market. Analysts weigh in on the board's role amid Musk's actions and the need for political neutrality. The challenges tech companies face in adapting to political landscapes and the strategies to navigate this intersection also take center stage.
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INSIGHT

Musk's Broader Innovation Empire

  • SpaceX controls 90% of satellites, Neuralink delivers transformative therapies.
  • Cathie Wood highlights these as examples of Elon Musk's ecosystem of innovation.
INSIGHT

Tesla's Shift to Robo-Taxis

  • Tesla is evolving beyond an EV maker into a leader in robo-taxi technology.
  • Cathie Wood believes this will scale better than competitors.
ANECDOTE

Long History with Elon Musk

  • Cathie Wood has experienced controversies around Elon Musk since 2014 when they first invested in Tesla.
  • They remain confident in Tesla's innovation and the leadership Musk attracts.
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