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Longtime Tesla Bull Ross Gerber Unloads $60M In EV Giant's Shares, Cites Declining Confidence: 'Nobody Wants A Robot From Elon Musk'

Benzinga ·  Aug 27 22:33

LongtimeTesla Inc.(NASDAQ:TSLA) investor andGerber Kawasaki WealthCEORoss Gerberhas sold approximately $60 million worth of Tesla shares. Gerber cited a lack of interest in the company's cars and robots as the primary reason for his decision.

What Happened: Gerber, a vocal critic ofElon Musk, revealed that his investment fund still holds a $50 million stake in the company. He expressed doubts about Tesla's ability to meet its sales goals, dismissing bullish claims about the company's robotics and self-driving technology. Gerber said this in an interview with Yahoo Finance on Friday.

Gerber stated...

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