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Kathy Wood, founder of Ark Investment Management Company, said in a recent interview, "There is no doubt", Tesla CEO Elon Musk is Steve Jobs of his generation.
Wood said: "When history books record this period, they will think Elon is the first CEO who truly understands the integration of technologies."
In addition to Tesla, Musk also owns social media website X, formerly Twitter, and founded SpaceX, a rocket and satellite company. He is also the CEO of Neuralink, which is developing ultrahigh bandwidth brain computer interfaces to connect the human brain to the computer. His companies also include The Boring Company, a tunneling company, and an artificial intelligence startup called xAI.
"As far as Tesla is concerned, Elon is using the integration of robots, energy storage and artificial intelligence," Wood said
She said that except for Musk, "no other transportation industry executives understood and redefined transportation, just as Jobs redefined mobile phones as computers in our pockets."
Jobs co founded with Steve Wozniak in 1976 Apple The company is widely regarded as the person who transformed Apple into a global technology giant in the 1980s and 2000s.
Wood said that ARK recently increased its stake in Tesla, whose share price has fallen by about 30% so far this year. "Even in this weak period, the market share of electric vehicles is still increasing," she said
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