Musk's Formation of New Party Raises Investor Concerns but Gains Strong Support from Ark Invest Founder Cathie Wood

Odaily Planet Daily reported that after Tesla's stock price experienced significant volatility on Monday, Cathie Wood, the well-known investor and founder of Ark Invest who has long been a staunch supporter of Elon Musk, once again stepped forward to defend him. She pointed out that Musk has recently renewed his focus on the company's operations, especially after personally taking charge of sales in the US and Europe, which indicates his deepening commitment to the company at a critical time. "When he truly focuses on something, he usually succeeds in accomplishing the task. So I believe that compared to the past, such as when he was busy at the White House all day, he is now much more focused." (Jin10)