Shareholders Have No Say in Tesla, Gerber Says

Summary

Ross Gerber, president, CEO, and co-founder of Gerber Kawasaki, reacts to Tesla's latest earnings and its $2 billion investment in xAI. He says Tesla's energy storage and charging businesses are bright spots, but the core EV business is deteriorating, Musk's future-product timelines lack credibility, and the valuation remains extreme. Gerber also criticizes the lack of shareholder control and says Tesla has underperformed the S&P over five years, while noting Nvidia is a top holding at his firm.

• Tesla earnings show energy storage and charging profitability offsetting core auto weakness.
• Ross Gerber says Tesla's core fundamentals, margins, and profits have deteriorated for years.
• Gerber doubts Musk's Cybercab, Semi, robot, and FSD timelines, calling them years away.
• Gerber criticizes Tesla's $2 billion xAI investment and lack of shareholder say.
• Gerber says Tesla trades at an extreme valuation and has underperformed the S&P over five years.
• Gerber identifies Nvidia as a top holding, contrasting its stronger return with Tesla.
• Gerber calls this a pivotal year for Tesla to deliver on promises or face gravity.