Musk's new party raises investor concerns, but Ark Invest founder Cathie Wood backs him

Odaily News After Tesla's stock price experienced violent fluctuations on Monday, Cathie Wood, a well-known investor and founder of Ark Invest, who has long been a staunch supporter of Musk, once again stood up to defend him. She pointed out that Musk's recent renewed focus on the company's operations, especially after personally taking over sales affairs in the United States and Europe, showed that his investment in the company was deepening during a critical period. "When he really focuses on something, he usually succeeds in completing the task. So I think he is much more focused now than in the past, such as when he was busy in the White House all day." (Zhitong Finance)