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Musk blasts public markets in talk with Wood

Emily Graffeo and Kurt Wagner

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Elon Musk is lashing out at the state of US financial markets.

In a wide-ranging talk with ARK Investment Management’s Cathie Wood on Thursday (Friday AEDT), he bemoaned the high regulatory burden faced by publicly traded companies, the pressure from shareholders that limits efficiency, and how passive investing is stoking volatility.

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    Original URL: https://www.afr.com/markets/equity-markets/musk-blasts-public-markets-in-talk-with-wood-20231222-p5etct