Cathie Wood says Apple should have bought Tesla, but “I’m glad they didn’t buy it.”

Watching money manager Cathie Wood told CNBC on Wednesday: Apple You should have owned the self-driving car market by purchasing Tesla When a chance is given during the launch of the Model 3 with the problems of an electric car maker.

“We’ve been watching Apple very carefully for years. What is a self-driving car? It’s the ultimate mobile device,” she said extensively. “Squawk Box” Interview, during which she also talked about her Ark Invest Strategy, NS The return she expects Long term, and Buy Zoom with Recent Drops..

Apple stock Record the highest ever Last Friday, and again Monday — definitely above $ 2.5 trillion in market value — Last week’s Bloomberg report About the high-tech giant accelerating efforts towards the launch of self-driving cars. Apple was unable to immediately respond to requests for comment on CNBC’s autonomous ambitions. Tesla was also not immediately available to comment on Wood’s comments.

“This is a daunting task, and given the turnover rates of all management teams, we would be surprised if they could get it off quickly,” Wood said. Bloomberg Report for June About departure in Apple’s autonomous unit consisting of three top managers. 2018, Apple seduced DougfieldAfter that, Tesla’s Senior Vice President of Engineering returned to the company he used to work for. Apple has also hired a myriad of other former Tesla employees.

Wood — A longtime Tesla user, shareholder, and belief in the CEO Elon Musk —I told CNBC, “This should have been Apple’s market. Apple should have bought Tesla when it was actually given the opportunity. I’m glad they didn’t.”

Mask revealedIn a December 2020 tweet, he contacted Apple CEO. Tim Cook “The Darkest Day of the Model 3 Program” about Tesla’s sales potential (1/10 of its current value). Mr. Musk said Mr. Cook “refused to attend the meeting.”

The first Model 3, a cheap EV sedan for mass market car buyers, was delivered in 2017 after the challenge of increasing production to meet demand. In 2018, Musk’s car business is “hell” and he Sleeping in the factory Try to solve the problem.

Fast-forwarding today, Tesla has joined a $ 1 trillion market capitalization club, and EV company’s largest shareholder, Musk, has sold billions of dollars in stake.

Wood told CNBC that Musk thinks it’s “no problem” to sell its shares to make a profit and pay billions of dollars in taxes related to granting stock options.

Submission to regulatory agencies Late Tuesday, Musk announced that he had exercised the option to buy 2.15 million shares of Tesla and sold over $ 1 billion in 934,091 shares.Since his Twitter poll on November 6thAsking if he should sell the shares, Musk dropped 9.2 million shares, worth $ 9.9 billion.

— Reuters contributed to this report.

Cathie Wood says Apple should have bought Tesla, but “I’m glad they didn’t buy it.”

Source link Cathie Wood says Apple should have bought Tesla, but “I’m glad they didn’t buy it.”

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