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09-03

Hope he just sell all his holdings and stops whining

Tesla Bull Ross Gerber Sets 6-Month Deadline For Elon Musk-Led EV Company To Improve Performance Or He Plans To Exit His Position

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, has shifted from being a staunch supporter of Elon Musk to a vocal critic. Gerber, an early investor in Tesla Inc. , has significantly reduced his fund’s stake in the company since November.Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share.What Happened: Gerber cited Musk’s erratic behavior on social media, the controversial revamp of Twitter, now known as X, and political controversies as reasons for his change of heart. He receives daily calls from clients asking to sell Tesla stock, expressing their desire to distance themselves from Musk, Business Insider reported on Sunday.Despite the reduction, Gerber still holds $60 million in Tesla shares, hoping for a turnaround. However, he has set a six-month

Tesla Bull Ross Gerber Sets 6-Month Deadline For Elon Musk-Led EV Company To Improve Performance Or He Plans To Exit His Position

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Gerber, an early investor in Tesla Inc. , has significantly reduced his fund’s stake in the company since November.Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.Here’s the AI-powered startup that turns traders into influencers achieving 12% monthly growth – invest in it at only 10 cents per share.What Happened: Gerber cited Musk’s erratic behavior on social media, the controversial revamp of Twitter, now known as X, and political controversies as reasons for his change of heart. He receives daily calls from clients asking to sell Tesla stock, expressing their desire to distance themselves from Musk, Business Insider reported on Sunday.Despite the reduction, Gerber still holds $60 million in Tesla shares, hoping for a turnaround. However, he has set a six-month","content":"<html><head></head><body><p><strong>Ross Gerber</strong>, CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong>, has shifted from being a staunch supporter of <strong>Elon Musk</strong> to a vocal critic. Gerber, an early investor in  <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>, has significantly reduced his fund’s stake in the company since November.</p><p><strong>What Happened</strong>: Gerber cited Musk’s erratic behavior on social media, the controversial revamp of Twitter, now known as X, and political controversies as reasons for his change of heart. He receives daily calls from clients asking to sell Tesla stock, expressing their desire to distance themselves from Musk, Business Insider reported on Sunday.</p><p>Despite the reduction, Gerber still holds $60 million in Tesla shares, hoping for a turnaround. However, he has set a six-month deadline for Tesla to improve its performance before potentially exiting the stock entirely.</p><p>Gerber’s initial enthusiasm for Tesla began in 2013 when he tested a Model S. However, concerns about Musk’s behavior have grown over time, especially after Musk’s $44 billion Twitter purchase in 2021.</p><p>Gerber’s criticisms include Musk’s chaotic presence on social media and legal battles, which he believes have damaged Tesla’s brand. He also attempted to address these issues by running for a seat on Tesla’s board in 2023, but his suggestions were largely ignored.</p><p>“I see the stock as really overvalued right now because I don’t think they make any of their numbers,” said Gerber.</p><p>With Tesla’s stock down 15% in 2024, Gerber remains skeptical about its future performance, suggesting the stock could drop another 15%. He believes other EV firms like <strong>Rivian Automotive Inc</strong> (NASDAQ:RIVN) could be the “next Tesla” if they can scale production and lower prices.</p><p><strong>Why It Matters</strong>: Gerber’s shift from a Tesla bull to a critic is significant, considering his long-standing support for the company. In August, he sold approximately $60 million worth of Tesla shares, citing declining confidence and lack of interest in the company&#39;s products. He still holds a $50 million stake but doubts Tesla’s ability to meet its sales goals.</p><p>Additionally, Tesla’s recent moves, such as considering Warner Bros. Studio for its robotaxi unveiling, indicate the company’s focus on new ventures. However, critics argue that these initiatives are “smoke and mirrors,” with Tesla’s core business facing challenges like declining margins and slower car sales growth.</p><p>Moreover, the removal of Musk’s “Secret Master Plan” from Tesla’s website amid his increasing political controversies and evolving views on climate change has raised questions about the company’s future direction.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Bull Ross Gerber Sets 6-Month Deadline For Elon Musk-Led EV Company To Improve Performance Or He Plans To Exit His Position</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Bull Ross Gerber Sets 6-Month Deadline For Elon Musk-Led EV Company To Improve Performance Or He Plans To Exit His Position\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-03 16:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-bull-ross-gerber-sets-114409351.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, has shifted from being a staunch supporter of Elon Musk to a vocal critic. Gerber, an early investor in  Tesla Motors, has ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-bull-ross-gerber-sets-114409351.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4585":"ETF&股票定投概念","LU1548497426.USD":"安联环球人工智能AT Acc","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","TSLA":"特斯拉","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","LU0234570918.USD":"高盛全球核心股票组合Acc Close","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4547":"WSB热门概念","LU0056508442.USD":"贝莱德世界科技基金A2","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4099":"汽车制造商","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4548":"巴美列捷福持仓","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC"},"source_url":"https://finance.yahoo.com/news/tesla-bull-ross-gerber-sets-114409351.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2464783661","content_text":"Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, has shifted from being a staunch supporter of Elon Musk to a vocal critic. Gerber, an early investor in  Tesla Motors, has significantly reduced his fund’s stake in the company since November.What Happened: Gerber cited Musk’s erratic behavior on social media, the controversial revamp of Twitter, now known as X, and political controversies as reasons for his change of heart. He receives daily calls from clients asking to sell Tesla stock, expressing their desire to distance themselves from Musk, Business Insider reported on Sunday.Despite the reduction, Gerber still holds $60 million in Tesla shares, hoping for a turnaround. However, he has set a six-month deadline for Tesla to improve its performance before potentially exiting the stock entirely.Gerber’s initial enthusiasm for Tesla began in 2013 when he tested a Model S. However, concerns about Musk’s behavior have grown over time, especially after Musk’s $44 billion Twitter purchase in 2021.Gerber’s criticisms include Musk’s chaotic presence on social media and legal battles, which he believes have damaged Tesla’s brand. He also attempted to address these issues by running for a seat on Tesla’s board in 2023, but his suggestions were largely ignored.“I see the stock as really overvalued right now because I don’t think they make any of their numbers,” said Gerber.With Tesla’s stock down 15% in 2024, Gerber remains skeptical about its future performance, suggesting the stock could drop another 15%. He believes other EV firms like Rivian Automotive Inc (NASDAQ:RIVN) could be the “next Tesla” if they can scale production and lower prices.Why It Matters: Gerber’s shift from a Tesla bull to a critic is significant, considering his long-standing support for the company. In August, he sold approximately $60 million worth of Tesla shares, citing declining confidence and lack of interest in the company's products. He still holds a $50 million stake but doubts Tesla’s ability to meet its sales goals.Additionally, Tesla’s recent moves, such as considering Warner Bros. Studio for its robotaxi unveiling, indicate the company’s focus on new ventures. However, critics argue that these initiatives are “smoke and mirrors,” with Tesla’s core business facing challenges like declining margins and slower car sales growth.Moreover, the removal of Musk’s “Secret Master Plan” from Tesla’s website amid his increasing political controversies and evolving views on climate change has raised questions about the company’s future direction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":43,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}