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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Cathie Wood Defends Elon Musk's Vision Beyond Politics
Cathie Wood highlights that despite controversies, Tesla is evolving beyond just being an EV manufacturer, moving into the robo-taxi era with strong potential to scale.
She emphasizes Elon Musk's ability to focus and deliver results, noting his recent announcement to oversee Tesla sales in the US and Europe as a sign of commitment.
Wood reassures trust in Tesla's board to manage political distractions while praising Musk's broader impact through SpaceX, Neuralink, and XAI technologies.
She underscores Tesla's moats and technological barriers, crediting Musk's team for solving major world problems and implying that political ambitions haven't compromised Tesla's progress or investor confidence.
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.
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.