Elon Musk is ‘the inventor of our age’ and won’t be distracted by DOGE, Tesla bull Cathie Wood says

Cathie Wood, chief executive officer of Ark Investment Management LLC, talks into a microphone during the Bloomberg Invest event in New York, US, on Tuesday, March 4, 2025. (Credit: Michael Nagle—Bloomberg/Getty Images)

• ARK Invest CEO Cathie Wood is one of America’s biggest fans of Elon Musk, and her firm’s flagship product has a big-time bet on Tesla. One of the investing world’s most famous tech bulls, Wood said Tuesday that robotaxis will boost Tesla’s margins from the mid-teens to 70% to 90%, and she doesn’t think the world’s richest man will be derailed by his current involvement in the Trump White House. 

It’s hard to find investors who are placing bigger bets on artificial intelligence—and Elon Musk—than Cathie Wood. The ARK Invest founder and CEO has become one of America’s most famous tech bulls, and the recent selloff in tech stocks amid President Donald Trump’s new tariff salvo isn’t changing her long-term thesis.