Archive · 22 May 2025
Tesla Bear Ross Gerber Dumps Shares, Predicts Decline
Imagine a person named Ross, who used to really like Tesla, a company that makes electric cars.
Ross sold some of his Tesla shares because he thinks the company might have problems.
He thinks Tesla's future depends on how well they do with a new robotaxi service.
He also thinks it might be better if the current boss of Tesla, Elon Musk, left.
Elon Musk, however, has said he plans to stay in charge for at least five more years.
So, Ross is worried, but the company's leader is staying put.
Ross Gerber sold over 26,000 Tesla shares in Q1 2025.
Gerber's sale accounts for roughly 10% of his firm's holdings.
Gerber predicts a challenging time for Tesla if the robotaxi launch fails.
Gerber called for Elon Musk's resignation.
Elon Musk has stated his commitment to remain CEO for the next five years.
- Who
- Ross Gerber, wealth manager and Tesla shareholder, Elon Musk, CEO of Tesla.
- What
- Ross Gerber sold Tesla shares and predicts potential decline.
- When
- Gerber sold shares in Q1 2025.
- Where
- N/A
- Why
- Gerber believes Tesla's future is uncertain unless the company successfully launches a robotaxi service or Elon Musk resigns.
- Seller
- Ross Gerber
- Company
- Tesla
- Share Sale Period
- Q1 2025
- Shares Sold
- 26,000+
- Approximate Firm Holding
- 10%
- Critical Timeframe
- Next six months
- Tesla CEO
- Elon Musk