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Tesla bull Cathie Wood says it isn’t just Elon Musk’s politics that are causing Tesla’s ‘demand hit.’ It’s also a bad economy

Ark Invest CEO Cathie Wood believes part of the recent “demand hit” Tesla’s taken could be because of broader fears about the economy.  “Now, clearly the political dynamics of the last few months are hitting demand,” Wood said in a video posted to Ark Invest’s website on March 14. “We also would suggest that the … Read more

Cathie Wood says the US is in a ‘rolling recession’ as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes

Ark Invest founder and CEO Cathie Wood is bearish on the economy’s short-term prospects but expects the Federal Reserve and the Trump administration to step up soon. In an interview with Bloomberg TV on Tuesday, she also noted she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the market’s downturn. … Read more

Cathie Wood says most memecoins will end up ‘worthless’

Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood.  The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies that “are not going to be worth very much,” the ARK Investment Managment LLC founder and CEO told Bloomberg … Read more

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