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There's only one person to blame for the company's shambolic state and only one person whose exit could save Tesla: Elon Musk. Investors want to see a concrete plan for a whole new fleet of Teslas made for a leaner, meaner EV market. The company needs a serious leader with practical ideas — no self-driving gimmicks, no blowtorches, no broken Cybertrucks, no shitposting, no video-game marathons, and no casual ketamine use. AdvertisementA true visionary CEO — which Musk has long claimed to be — would have pressed the advantage that Tesla developed in the EV market. He asserted that Tesla was not a car company but rather an AI robotics company.
Persons: Tesla, Elon, Musk, Gross, Teslas, Ross Gerber, Gerber Kawasaki, Tesla's, Gerber, Ron DeSantis, Navdeep Sodhi, innovating, , Elon fanboys, Lex Luthor Organizations: Tesla, EV, Reuters, Bloomberg, Auto, Twitter, bungled, Sodhi, Fremont Factory Locations: Shanghai, San Jose, China, Elon, Germany, Texas, Beijing, Red, Berlin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview on Tesla earnings with Wedbush's Dan Ives and Gerber Kawasaki's Ross GerberHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Wedbush's Dan Ives, Gerber Kawasaki's Ross Gerber, Brian Sullivan, Organizations: CNBC
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWould be a 'crucial mistake' to ever sell Nvidia stock: Ross GerberRoss Gerber of Gerber Kawasaki remains optimistic on Nvidia and calls the stock a "massive opportunity".
Persons: Ross Gerber Ross Gerber, Gerber Kawasaki Organizations: Nvidia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's Cybertruck will be 'the most impactful vehicle' people have seen: Ross GerberRoss Gerber of Gerber Kawasaki shares his excitement over Tesla's Cybertruck launch and says he would like to see Elon Musk "run Tesla full-time".
Persons: Ross Gerber Ross Gerber, Gerber, Elon Organizations: Gerber Kawasaki
Lander's remarks make him the latest Tesla shareholder to call on the EV maker to rein in Musk. Musk endorsed an antisemitic post on social media platform X, formerly known as Twitter, on Nov. 15. It remains unclear whether Tesla's board will take any action. If Musk fails to do so, Tesla's board should consider actions such as docking his pay, suspending him or terminating him, Lander added. He wrote to Tesla board chair Robyn Denholm on Monday that failing to take action would show Tesla's code of business ethics to be "toothless."
Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Brad Lander, Lander, Lander's, Ross Gerber, Musk, Linda Yaccarino, Robyn Denholm, Henry Ford, Nazism, Kristin Hull, Nia, Tesla's, Ross Kerber, David Gaffen, Sheila Dang, Greg Roumeliotis, Matthew Lewis Organizations: British, New York, Reuters, Nia Impact, Gerber Kawasaki Wealth & Investment Management, U.S . Securities, Exchange Commission, SpaceX, Boring Company, Ford Foundation, White, Media, America, Defamation League, Thomson Locations: London, Britain, New, New York City, New York, Dallas
Elon Musk recently supported an anti-semitic tweet and other incendiary rhetoric on X.Musk is working to "destroy" Tesla, and is not acting as its CEO, Gerber said. AdvertisementAn ardent supporter of Tesla and its CEO Elon Musk no longer sees the billionaire as the leader of the company. AdvertisementGerber's comments came after Musk responded to an antisemitic comment on X, claiming that "Jewish communities" had been pushing "hatred against whites." "You have said the actual truth," Musk wrote in response to the antisemitic post. Earlier on Thursday, Gerber wrote on X that he plans to ditch his Model Y Tesla for a Rivian due to Musk's statements.
Persons: Ross Gerber, Elon Musk, Gerber, , Tesla, Musk, he's, I've, Linda Yacaccarino, Dustin Moskovitz, Marc Bodnick, Yaccarino Organizations: Service, Gerber Kawasaki Wealth & Investment Management, CNBC, Tesla, Business, IBM, New York Times, Facebook, Defamation League Locations: Tesla
Ads have also appeared next to pro-Nazi posts on Musk's platform, non-profit Media Matters reported. Some X employees are facing the brunt of the uproar, and are reportedly getting calls from advertisers asking about Musk's comments, according to The New York Times. X has also been placing advertisements next to major companies like Apple, Oracle, and Xfinity, according to Media Matters. AdvertisementSome users on X responded to Yaccarino's post, asking her if X owner Musk was aware of this stance and requesting that she relay her message to him. Antisemitic posts from X users, which were flagged by Media Matters, will now be labeled as "sensitive media," an X executive told Business Insider in a statement.
Persons: Elon Musk, , Musk, @BreakingBaht, Linda Yaccarino, Dustin Moskovitz, Ross Gerber Organizations: Media, Service, The New York Times, Nazi, IBM, Apple, Oracle, Media Matters, BI, Facebook, X, SpaceX, Gerber Kawasaki Wealth, Investment Management
Ross Gerber said he plans to ditch his Model Y for a Rivian over Elon Musk's agreement with an antisemitic post on X. "Getting a flood of messages from clients wanting out of tesla and anything to do with Elon Musk," he wrote on X. Gerber, Musk, and a spokesperson for Tesla did not immediately respond to a request for comment. Gerber's comments came after Barron's reported that Musk's name had been dropped from the APEC CEO Summit speaker list on Thursday. "Elon Musk had a schedule change that prevented him from joining the APEC CEO Summit 2023," a spokesperson told Barrons.
Persons: Ross Gerber, Musk, , Elon Musk, Gerber, Tesla, Gerber's, Barron's, Barrons, Elon Organizations: Elon, Service, Rivian, Gerber Kawasaki Wealth, Investment Management, APEC, Business, The New York Times, Dealbook Locations: LA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of messaging and advertising could be what's hurting Tesla : Gerber Kawasaki's Ross GerberHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Tesla, Gerber, Ross Gerber, Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla is in the final process of scaling new Cybertruck, says investment advisorRoss Gerber of Gerber Kawasaki says the next six months will be difficult for the Tesla, but he remains optimistic about the Cybertruck launch. He also urges investors to have a long-term horizon for the company.
Persons: Tesla, Ross Gerber, Gerber Kawasaki
Watch CNBC's full interview with Gerber Kawasaki's Ross Gerber
  + stars: | 2023-07-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Gerber Kawasaki's Ross GerberRoss Gerber, Gerber Kawasaki CEO and President, joins CNBC's Phil LeBeau and 'Last Call' to talk Tesla's investor call and earnings.
Persons: Gerber Kawasaki's Ross Gerber Ross Gerber, Gerber, Phil LeBeau Organizations: Gerber Kawasaki
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla investors need to have a five year outlook, says investment advisor Ross GerberRoss Gerber, Gerber Kawasaki CEO and President, joins CNBC's Phil LeBeau and 'Last Call' to talk Tesla's investor call and earnings.
Persons: Ross Gerber Ross Gerber, Gerber, Phil LeBeau Organizations: Gerber Kawasaki
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk checkmates automakers: Did Tesla corner the market on EV charging stations? Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Gordon Johnson, GLJ Research; Ross Gerber, Gerber Kawasaki CEO; and Michael Wayland, CNBC.com auto reporter, join the show to discuss GM's decision to use Tesla charges for its new EVs.
Persons: Elon, Brian Sullivan, , Gordon Johnson, Ross Gerber, Gerber, Michael Wayland Organizations: EV, CNBC, GLJ Locations: CNBC.com
Phil Rosen here — today I'm excited to share my conversation with a high-profile Tesla shareholder who recently campaigned for a board seat at Elon Musk's company. Twitter CEO Elon Musk appearing at a 2022 Tesla event. Suzanne Cordeiro/AFP via Getty ImagesRoss Gerber is the cofounder and CEO of Gerber Kawasaki Wealth and Investment Management, and holds 420,000 shares of Tesla stock, or about $74 million based on Tesla's current stock price. RG: You gotta own Tesla in your portfolio with Elon re-focused on Tesla. The strength of the US consumer is at risk as 43 million borrowers are set to resume student loan payments.
Tesla investor Ross Gerber told Insider why he's grown more bullish on the stock. In February, Gerber launched a bid for a board seat, saying Tesla needs to "grow up" and build its image beyond Musk. The appointment of the new Twitter chief and updates at the Tesla meeting even changed his investment view. "You gotta own Tesla in your portfolio with Elon re-focused on Tesla," Gerber said. "Tesla needs to understand that they have millions of users, and someone has to be in charge of the user experience, not just updating software," the money manager said.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSelf-driving software's biggest problem is other human drivers, says Gerber Kawasaki's Ross GerberRoss Gerber, Gerber Kawasaki CEO and president, and Gary Black, Future Fund portfolio manager, join 'Last Call' and CNBC's Phil LeBeau to recap CNBC's exclusive interview with Elon Musk and Tesla's annual meeting.
Watch CNBC's full interview with Ross Gerber and Gary Black
  + stars: | 2023-05-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Ross Gerber and Gary BlackRoss Gerber, Gerber Kawasaki CEO and president, and Gary Black, Future Fund portfolio manager, join 'Last Call' and CNBC's Phil LeBeau to recap CNBC's exclusive interview with Elon Musk and Tesla's annual meeting.
Top Tesla and Twitter investor Ross Gerber is not happy with Elon Musk. He said Musk's decision to hand out free blue checks was the beginning of the end for Twitter. Top Tesla and Twitter investor Ross Gerber said the latest turmoil at Twitter could spell the beginning of the end for the company. A subscription to Twitter Blue costs $8 a month, but many celebrities and news organizations have refused to pay. The investor added that Twitter was in a further state of confusion after several accounts belonging to dead users had blue checks returned to their profiles.
Tesla investors called for Elon Musk to be reined in an open letter, citing the CEO's many commitments. A group of Tesla investors is calling for Elon Musk to be reined in, saying the CEO has been distracted by commitments to his other companies like Twitter. "The Board allowed the CEO to be overcommitted at a time when the company faces critical challenges," the letter stated. Tesla and Musk didn't immediately respond to requests for comment from Insider ahead of publication. Gerber's name is not listed on the open letter.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Mizuho's Vijay Rakesh and Gerber Kawasaki's Ross GerberVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, and Ross Gerber, president and CEO of Gerber Kawasaki, join 'Squawk on the Street' to discuss Tesla's margin picture, Rakesh's take on the company's quarterly earnings results, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's income falls 24% from a year ago, more price cuts to come. Here's how to play itJim Cramer, Mark Fields of TPG, Ross Gerber of Gerber Kawasaki Wealth and Investment Management, Vijay Rakesh of Mizuho Securities, Toni Sacconaghi of Bernstein Research and Bryn Talkington of Requisite Capital Management on what they think about Tesla.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla needs to step up its game and create more demand for products: Gerber Kawasaki's Ross GerberVijay Rakesh, managing director and senior semiconductor analyst at Mizuho, and Ross Gerber, president and CEO of Gerber Kawasaki, join 'Squawk on the Street' to discuss Tesla's margin picture, Rakesh's take on the company's quarterly earnings results, and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk takes on media: Twitter CEO doesn't hold back in BBC interviewHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Nilay Patel, The Verge editor-in-chief, and Ross Gerber, Gerber Kawasaki CEO, join the show to discuss Elon Musk taking on the media in an interview with BBC.
Cash or crash? Two portfolio managers fight it out on Tesla
  + stars: | 2023-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCash or crash? Two portfolio managers fight it out on TeslaRoss Gerber of Gerber Kawasaki and Francisco Bido of Integrated Alpha engage in an electrifying debate on whether Tesla can deliver on its promises.
Shares of electric vehicle giant Tesla have risen more than 70% this year, after falling 65% in 2022 in its largest-ever annual decline. Bull vs. bear Ross Gerber, president and CEO of Gerber Kawasaki Wealth Management, is an unabashed Tesla bull. Gerber is excited about the prospects for Tesla's first pickup truck — the Cybertruck — which is expected to begin production by end-2023. Tesla cannot be the EV leader without cutting prices, Bido added. One of the most important components of an EV is the battery, and Gerber said Tesla is a leader in battery technology.
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