他在接受采访时表示，“我担心特斯拉的最佳时期已经过去。随着时间的推移，我一直在降低自己的立场，因为我对特斯拉能否实现几年前、甚至最近设定的销售更多汽车的目标没有信心。”Long-term investor Ross Gerber said that Tesla's stocks are in a "quagmire"; he said that as concerns about Tesla intensify, he sold about $60 million worth of Tesla stocks.
On August 27th, Caixin News Agency (Editor Huang Junzhi) reported that Ross Gerber, a well-known Tesla investor and CEO of Gerber Kawasaki Wealth Investment Management Company, said that he has sold about half of his shares in the automaker because no one is interested in buying the company's cars or robots.
In fact, since Musk acquired Twitter (now known as X) in 2022, Gerber has been criticizing him heavily. He says that he has sold approximately $60 million worth of Tesla stocks, although he still holds positions worth about $50 million.
In an interview, he expressed his concern that Tesla's best days are behind it. Over time, he has been reducing his positions because he has no confidence in Tesla's ability to achieve its sales goals from a few years ago, or even recently.
At the same time, he dismisses optimistic comments about Tesla's robot technology and autonomous driving technology. Gerber says, "This only distracts from the fact that they need to sell cars, which won't happen quickly this year, next year, or the year after."
Gerber stated that he had a large position in Tesla in 2018 and 2019. At that time, the situation was very difficult. "I supported Elon Musk and invested when no one else wanted to. It was worth it for me."
But as Musk started developing robots, acquiring and attempting to revive X, and launching rockets through SpaceX, Gerber worries that this CEO is starting to forget his roots, which could jeopardize Tesla shareholders like him.
"Elon is not focused on building Tesla," he said.
He also mentioned that the used car market is currently "flooded" with unsold Tesla, and he cannot sell his own Tesla at what he considers a reasonable price.
"It's really a quagmire, you have the best product in the industry, but a CEO who isn't working there, and he's not trying to sell cars. We see declining sales, that's what's happening. If you expect a good quarter, you're wrong. They're not selling Tesla properly, except for discounts, discounts, and more discounts." he said.
Regarding the argument from the outside world that "Tesla is an underestimated AI company," Gebre disagrees and states that AI is unlikely to save the company. He also emphasized that the market has not correctly estimated the company's future profitability through the widespread application of its Optimus humanoid robots.
Finally, Gebre pointed out that Tesla is also at a disadvantage due to Musk's support of former President Trump. He stated that Musk's close relationship with Trump does not help the company much because Trump will not help sell cars, and it might even have a "reverse effect".
He explained that the policies proposed by Trump, such as the repeal of the $7500 electric vehicle tax credit and support for the oil industry, are contradictory to "Tesla's ideology." He added that if Musk were to obtain a cabinet position during Trump's second term, "it would be because of Twitter."
