Reported about 2 months ago
Tesla investor Ross Gerber has sold about $60 million worth of Tesla shares, expressing concerns that the demand for the company’s cars and robots has dwindled. He criticized CEO Elon Musk's focus distractions away from selling cars as Tesla's stock continues to struggle amid declining sales and increased competition. Gerber noted that the used car market is flooded with old Teslas and doubts the potential success of Tesla's humanoid robots, reflecting a broader skepticism among investors about the company's future.
Source: YAHOO