Ark’s Cathie Wood & Treasury Secretary Janet Yellen 6/13/24

Ahead of the Tesla shareholder vote on Elon Musk’s pay package, Ark Invest CEO and CIO Cathie Wood discusses her new, raised 2029 price target for Tesla. As a Tesla investor and an xAI investor, Wood explains her belief in Elon Musk, Tesla’s robotaxi strategy, Apple’s entrance into AI, and this new era of innovation. Plus, the Federal Reserve will hold rates steady, CNBC’s Steve Liesman reports. In an exclusive interview, Treasury Secretary Janet Yellen discusses the labor market, housing’s pressure on inflation metrics, and her latest op-ed about supporting Ukraine’s war effort with earnings from billions of seized Russian sovereign assets. 

 

Janet Yellen - 11:40

Cathie Wood  - 28:43

 

In this episode:

Cathie Wood, @CathieDWood

Secretary Janet Yellen, @SecYellen

Steve Liesman, @steveliesman

Becky Quick,@BeckyQuick

Andrew Ross Sorkin,@andrewrsorkin

Katie Kramer,@Kramer_Katie