Tesla Sales Numbers 'Suck,' Says Ross Gerber. He Claims The Tesla Brand Is Broken Because Of The Board That Should Be Removed For Negligence

1 week ago 10

Adrian Volenik

Tue, Apr 8, 2025, 6:45 AM 4 min read

Tesla Inc. (NASDAQ:TSLA) is taking vigor week aft week from 1 of its astir outspoken investors. Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, came retired swinging aft the institution reported anemic income successful archetypal 4th for immoderate of its high-end electrical vehicles.

“These numbers suck,” Gerber wrote connected X, referring to Tesla's Cybertruck, Model S and Model X, which helium says sold conscionable 12,881 units—down 25% from the 17,027 sold successful the aforesaid play past year. “The high-end EV concern has wholly eroded. The Cybertruck is fundamentally not selling. The marque is breached and whitethorn not beryllium fixable.”

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Gerber pinned the blasted squarely connected Tesla's board: “The BOD is 100% liable and should beryllium removed for negligence,” helium said.

His vexation isn't new, but it appears to beryllium intensifying. In a caller CNN interview, Gerber said, “There isn't much that Elon could bash to crook disconnected customers from Tesla. I truly don't deliberation there's much helium could bash to crook disconnected customers from Tesla. I truly don't deliberation there's much helium could do.”

He besides criticized Musk’s increasing governmental presence, including his engagement successful President Donald Trump's administration. Gerber suggested that Musk is much focused connected his authorities relation than connected moving Tesla.

“If he's going to enactment successful the government, I'm each for it,” Gerber said. “But past wherefore isn't idiosyncratic other moving Tesla?”

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Gerber said Tesla's biggest contented present isn't conscionable astir operations. “It's the representation and selling occupation that the institution present has, which successful my caput is successful a situation astatine this point.”