Elon Musk has been incredibly important to Tesla, Cathie Wood says

Ark Invest Founder, CEO, and CIO Cathie Wood — whose ARK Innovation ETF (ARKK) holds nearly $726.8 million in Tesla shares — is forecasting that Tesla (TSLA) stock could climb to $2,600 per share by 2029, in her firm's latest call on the EV maker. A long-time supporter of Tesla CEO Elon Musk, Wood joins Yahoo Finance to discuss the value Musk has brought to Tesla through his leadership. Tesla shareholders have ultimately voted to approve Musk's pay package, valued at around $46 billion based on the company's current stock price, with the results revealed at Tesla's annual shareholder meeting early Thursday evening.