The Archetype of Delusion
1 year ago
11
Cathie Wood believes Elon Musk will somehow thrive in an economy that throws nothing but headwind at electric vehicles. Tesla stocks are down 68%, and sales on electric vehicle has been lackluster despite numerous discounts and government subsidies. Yet, the portfolio manager of Ark Invest, the one and only Cathie Wood, believes Elon Musk's brain cells will come up with a miracle under these pressures. This article is indeed a good representation of the delusion that plagues Wall Street and the investing public.
Original Article: https://fortune.com/2023/10/23/elon-musk-lost-fortune-tesla-stock-ark-cathie-wood-intensity-brain-cells-new-levels-facing-hardship/
Instagram: JamesAllan0
Patreon: https://www.patreon.com/cityxcape
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