Asset Management

Cathie Wood: Why Elon Musk is today’s Steve Jobs

ARK Invest CEO says Tesla boss has ‘redefined transportation the way that Steve Jobs redefined cell phones’

Tesla shareholders are set to vote next month on CEO Elon Musk’s potential $56bn pay package Apu Gomes/Getty Images
Tesla shareholders are set to vote next month on CEO Elon Musk’s potential $56bn pay package Apu Gomes/Getty Images

Cathie Wood, the renowned US fund manager, says “there is no doubt” that Tesla boss Elon Musk is the Steve Jobs of his generation — just weeks ahead of a crucial shareholder vote to back his record $56bn pay deal.

“When history books are written about this period, they will identify Elon as the first CEO who really understood the convergences taking place between and among technologies,” Wood told Financial News in a wide-ranging interview.

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