Cathie Wood, the founder of Ark Investment Management, has praised Elon Musk‘s dedication to Tesla Inc. (NASDAQ:TSLA) shareholders. She also asked how the shareholders could “renege on his pay package” after he overcame the risks associated with “Tesla’s rise to producing the top-selling car in the world.” What Happened: On Thursday, Wood took to X, formerly Twitter, and expressed her admiration for Musk’s shareholder alignment. “I’d argue that no other executive is as aligned with shareholders as Elon Musk, who committed to no salary, no bonus, no stock comp FOR 10 YEARS, unless he created tr…
