How A Potential Fallout Between Elon Musk And Trump Could Impact Tesla And SpaceX: Cathie Wood Weighs In

On Sunday, ARK Invest‘s Cathie Wood shed light on the potential repercussions of a possible fallout between President-elect Donald Trump and Elon Musk on Musk’s companies, Tesla Inc. (NASDAQ:TSLA) and SpaceX.

What Happened: During a recent appearance on CNN’s Inside Politics Sunday, Wood was asked about the implications of a potential strain in the Musk-Trump relationship. She acknowledged the strong personalities of both individuals and the potential risks associated with such a dynamic.

However, Wood also highlighted Musk and Trump’s shared vision of advancing technology, particularly in the fields of transportation and healthcare.

Wood stated, “Well I think that if you look at Elon Musk’s companies, what they’re doing is taking us into this new age, whether it’s Tesla with autonomous mobility and robotaxis or SpaceX, really getting us to the moon again and then to Mars. I think these are things that President Trump wants.”

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