Ross Gerber believes Elon Musk's feud with President Trump poses significant challenges for Tesla, potentially becoming a "nail in the coffin" for the electric vehicle maker. He has sold most of his personal Tesla stake, citing the ongoing confrontation and its negative effects as Tesla shares have decreased by 22% year-to-date. Gerber expresses concerns over Tesla's performance, including weak vehicle deliveries, high valuation, and uncertainty in business units like robotaxis, speculating about a possible 50% drop in stock value.
Ross Gerber stated that he views Elon Musk's ongoing feud with President Trump as a significant concern for Tesla, referring to it as a "nail in the coffin" that could adversely affect the company.
Gerber highlighted ongoing challenges for Tesla, including poor vehicle delivery numbers, a lofty company valuation, and uncertainties regarding its various business ventures, suggesting a potential stock decline.
Collection
[
|
...
]