Geerber Kawasaki wealth and investment management CEO Ross Jerber, Tesla Inc. Timing The shareholder is expected to decrease 50 % in the share price this year.
What happenedGellir earlier emptied nearly $ 60 million in Tesla shares, noting concerns about the popularity of the company’s darkening company.
Despite the increase in summary after the 2024 elections, Tesla shares witnessed a 16 % decrease this year and decreased by 4 % since the notes of the Jerber in December.
In his conversation with From the inside, the Jerber detailed four reasons behind his pessimistic expectations for Tasla. Express his doubts Elon MuskThe ambitious goal of offering the autonomous taxi network in Austin, Texas, by June.
“All of these things will come to wander this year because he put this deadline for full self -driving at work within two months. Gerbar told The Outlet:” It seems impossible to happen. ”
Also read: From technology to politics: How Elon Musk enables the far right all over the world
He also expressed concerns about the self -driving platform in Tesla, which depends on the cameras instead of Lidar sensors.
Gerber also indicated that the concentration of musk on artificial intelligence may prove harm to Tesla. He suggested that the main Tesla works of car sales are slowing down due to the high competition of BYD, the largest EV company in the world in China.
“Its concentration is 100 % on artificial intelligence,” Jerber said. ” “If he puts all his time in full self -driving, I will feel more confident in Tesla.”
He also emphasized the possible reactions that Tesla may face due to Musk’s close relationships with President Donald Trump.
“What this is doing is that it creates this anger.” Jerber added: “I haven’t seen this anger towards Tesla, but not towards Tesla as a company. It is because of Elon, this is the only way that people can come out.”
GERBER Perspective has chanted many prominent Wall Street companies, including JPMorgan, which set a $ 135 targeted price for Tesla, indicating the presence of 60 % of the current levels of its current levels.
Why do it matterGerber’s prediction comes at a time when the Tesla shares performed under checking. The company’s shares were on the course of this year’s decline, and the Jerber comments add to the growing concerns about Tesla’s future prospects.
His concerns about the independent Tesla leadership platform and the possible reverse reaction confirm due to the association of President Trump’s challenges that Tesla may face in the coming years.
Read after that
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