CNBC Television Cathie Wood: Apple should’ve bought Tesla, but ’we’re happy they didn’t’
🎯 Загружено автоматически через бота:
🚫 Оригинал видео:
📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал.
✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его.
📃 Оригинальное описание:
Ark Invest founder and CEO Cathie Wood joins ’Squawk Box’ to discuss Apple’s autonomous electric vehicle prospects and Tesla CEO Elon Musk. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
Closely watched money manager Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla when given the chance during the electric vehicle maker’s troubled Model 3 ramp-up.
“We’ve been watching Apple very carefully for years now. Because what is an autonomous vehicle? It’s the ultimate mobile device,” she said in a wide-ranging “Squawk Box” interview, during which also she talked about her Ark Invest strategies, the returns she expects long-term, and buying Zoom on its recent drop.
Apple shares hit all-time highs last Friday and then again Monday — rising solidly above $2.5 trillion in market value — following last week’s Bloomberg report about the tech giant accelerating efforts to launch a self-driving vehicle. Apple was not immediately available to respond to CNBC’s request for comment about its autonomous ambitions. Tesla was not immediately available either to comment on Wood’s comments.
“This is very hard work — and with all the management turnover, we’d be surprised if they’re able to pull it off that quickly,” Wood said, referring to a Bloomberg report in June about the departures at Apple’s autonomous unit of three top managers. In 2018, Apple lured Doug Field, then Tesla’s senior VP of engineering, back to the company where he had previously worked. Apple also hired myriad other former Tesla employees.
Wood — a longtime Tesla uber-bull and shareholder and believer in CEO Elon Musk — told CNBC, “This should have been Apple’s market. Apple should have bought Tesla, actually when they were given the opportunity. We’re happy they didn’t.”
Musk revealed, in a tweet in December 2020, that he reached out to Apple CEO Tim Cook “during the darkest days for the Model 3 program” about the possibility of selling Tesla ”(for 1/10 of our current value).” Musk said Cook “refused to take the meeting.”
The first Model 3s, a less expensive EV sedan aimed at mass-market car buyers, were delivered in 2017, after increasing production to meet demand was problematic. In 2018, Musk tweeted that the car business was “hell” and that he was sleeping at the factory to try to solve the problems.
Fast-forward to today, Tesla has joined the $1 trillion market cap club, and Musk, the largest shareholder in the EV company, has been selling billions of dollars of his stock holdings.
Wood told CNBC she sees “nothing wrong” with Musk selling stock and taking profits and paying billions of dollars in tax bills related to stock option grants.
Regulatory filings late Tuesday showed that Musk exercised options to buy million shares of Tesla and sold 934,091 shares worth just over $1 billion. Since his Twitter poll on Nov. 6, asking whether he should sell stock, Musk has unloaded 9.2 million shares worth $9.9 billion.
» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
#CNBC
#CNBCTV
1 view
14
1
5 days ago 00:01:20 1
[CNBC Television] BlackRock CEO Larry Fink says bitcoin impacts the U.S. dollar
5 days ago 00:01:39 1
[CNBC Television] Moderna’s phase three RSV trial found to be 83.7% effective in older adults
5 days ago 00:03:43 1
[CNBC Television] We could be approaching an earnings recession: Investment strategist
5 days ago 00:04:09 1
[CNBC Television] Blackstone enters deal to manage AIG’s insurance and housing assets
5 days ago 00:03:07 1
[CNBC Television] Two strategists break down markets ahead of busy earnings week, FOMC meeting
5 days ago 00:01:49 1
[CNBC Television] Small businesses push back on Amazon Prime Day
5 days ago 00:19:11 1
[CNBC Television] ETF Edge, November 11, 2024
5 days ago 00:01:29 1
[CNBC Television] Popular American SUVs to be hit by Mexico tariffs
5 days ago 00:03:48 1
[CNBC Television] Inflation battle is ’absolutely’ done, says Yardeni Research president
5 days ago 00:01:48 1
[CNBC Television] Final Trades: Apple, Oracle, Roku & more
5 days ago 00:01:19 1
[CNBC Television] CNBC Millionaire Survey: 42% expect the economy to be weaker in 2024
5 days ago 00:05:14 1
[CNBC Television] Look for companies with better balance sheets: Pro
5 days ago 00:06:13 1
[CNBC Television] Cyclicals are going to be a winner: Jonathan Golub