🔥💥Cathie Wood supported Elon Musk, Musk shared a post. What's happening! 😳
Cathie Wood, CEO of ARK Invest, one of the companies that launched the #Bitcoin ETF, came out in support of Elon Musk, who wants to move Tesla's headquarters to Texas. Musk responded by sharing Wood's video.
Elon Musk, CEO of Tesla, one of the largest electric vehicle manufacturers in the world, severely criticized the “compensation package decision” received by the Delaware court, while #ArkInvest CEO Cathie Wood received support.
"Musk is one of the renaissance people of our time...”
Cathie Wood, who participated in a publication of Yahoo Finance from the US media, said that the Delaware court's rejection of Musk's $ 56 billion compensation package was an unfair decision and used the following statements:
“The decision taken is a decision against investing, which is one of the most important elements of America. Tesla ignores the board of directors and shareholders. Musk is one of the most important and visionary people of today, one of the renaissance people. It is not right to impose obstacles on such people.”
As it is known, in 2018, a Tesla shareholder stated that Musk's compensation package was unfair and filed a lawsuit. This month, a Delaware court judge ruled that Musk's compensation package was unfair and exaggerated.
Musk, on the other hand, decided to move the headquarters of Tesla and SpaceX to Texas after this decision.
He shared Wood's video without comment
Musk, who shared the video of Wood supporting him from the X account, drew attention to the fact that Musk did not comment.
Tesla had sold $900 million worth of Bitcoin after the price drops that came after the Terra LUNA crash in 2022. The company still has Bitcoin worth close to $ 500 million in its hands.
ARK Invest is also known for its Tesla shares, which it holds a significant number of.
