Gerber Slams Tesla’s Pay & EV Focus Before Q3 Earnings

Gerber criticizes Tesla's pay plan and focus on robots over EV, highlighting sales concerns before Q3 earnings. FSD scrutiny and Musk's CEO role are also discussed. Tesla's valuation high, despite issues.

In an additional article on X on Tuesday, Gerber also shared his thoughts on the upcoming Q3 earnings call on Wednesday. “We expect lots of ‘future’ speak to try to obtain financiers to concentrate on Robots and cabs so as not to consider the wearing away EV company,” Gerber stated, highlighting Tesla’s inadequate sales this year.

Gerber’s View on Tesla’s Q3 Call

Tesla ratings well on Momentum, High quality and Growth metrics, yet uses inadequate Value. Tesla additionally supplies a desirable cost pattern in the Short, Medium and Long-term. For more such insights, sign up for Benzinga Side Supply Rankings today!

FSD Under Regulatory Scrutiny

Tesla’s FSD system has been in the National Highway Website traffic Security Management’s (NHTSA) radar, with the regulatory authority checking out multiple incidents of web traffic offenses along with reports of accidents entailing cars on the FSD system. The examination influences over 2.88 million Tesla lorries.

The remarks come as Musk safeguarded his role as the CEO of Tesla, outlining that Tesla was worth more than all of its rivals in the sector. Tesla’s market capitalization currently stands near to $1.4 trillion.

Criticism on Musk’s Pay Plan

Requiring to the social media sites platform X on Tuesday, the investor slammed the brand-new pay plan for Musk. “Undoubtedly the pay package thing is madness. Did anyone on the BOD [Board of Directors] really work out with Elon? I doubt it,” Gerber claimed in the post. He likewise added that this pay plan can open up doors to much more “lawsuits if it passes.”

Taking to the social media platform X on Tuesday, the financier criticized the brand-new pay bundle for Musk. “Obviously the pay bundle thing is insanity. He also added that this pay plan might open doors to extra “lawsuits if it passes.”