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Tesla bull, ARK head Cathie Wood says brand damage is not long-term

  • Cathie Wood, a Tesla bull and head of ARK Invest, acknowledged brand damage due to Elon Musk's political involvement but believes it is not a long-term issue.
  • Musk's political involvement has caused mixed reactions leading some to stop supporting Tesla while others show support as a nod to his government efficiency efforts.
  • The impact of Musk's involvement has been noticeable, affecting Tesla deliveries in Europe, attributed partially to production line changes and economic factors.
  • Wood remains bullish on Tesla's future, highlighting potential in the Robotaxi business and the company's growth prospects, despite short-term concerns about brand perception.

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