Cathie Wood of ARK Invest acknowledges that Tesla has suffered some brand damage from CEO Elon Musk's political roles, leading to mixed reactions from consumers. Despite short-term impacts, particularly in Europe where sales have declined, Wood believes this will not affect Tesla in the long run. She remains optimistic about Tesla's potential in the Robotaxi market in the U.S., emphasizing that economic factors and production changes also contribute to current challenges, but the company has great prospects moving forward into the late 2020s and beyond.
"I think he feels he has a duty to the country to make sure we don't 'blow ourselves up' with these deficits. Brand damage? Yes. I do not believe [it is long-term]."
Collection
[
|
...
]