Cathy Wood, founder of Ark Investment, said in an interview on Tuesday that in the long run, her view of China is optimistic, not pessimistic.

"in the long run, I am not pessimistic about China because I think they are a very entrepreneurial society," Wood said. Of course, the government is making more rules and regulations, but I don't think the government wants to stop growth andProgress. "

Overnight data show that Wood's Ark Automation Technology and Robot ETF bought JD.com Inc on Monday.American Depositary receipts (ADR).

Mr. Wood said in an interview on Tuesday that Ark had combed through Chinese companies and was in the process of consolidating positions in companies focused on groceries, logistics and manufacturing. She said that logistics is an important part of JD.com Inc.

Wood also once again worked for Tesla, Inc.She defended, saying her analysts were "shocked" by the electric carmaker's artificial intelligence day last week.

"with each passing day, especially the more we know about their artificial intelligence expertise and how they really drive the development of this field faster than anyone else, we believe they are in the lead," she said. "

She added that the recent decline in U. S. car sales is not only due to a shortage of chips, but also "the beginning of a large-scale transition to electric vehicles." "A lot of people don't want to buy a car because they know that with the rise of electric cars, anything they buy now will depreciate faster," Wood said. "