Tesla Investor Ross Gerber Faces Backlash From Elon Musk Fans Following His Recent Comments About Switching To Rivian: 'He's A Bear'
Portfolio Pulse from Benzinga Neuro
Ross Gerber, a prominent Tesla investor, faced backlash from Elon Musk supporters after he announced his decision to switch from a Tesla Model Y to a Rivian vehicle in response to Musk's endorsement of an antisemitic claim. Despite the backlash and speculation about his stance, Gerber humorously denied being bearish on Tesla. His actions and comments are being closely watched as Tesla prepares to launch the Cybertruck.

November 28, 2023 | 7:25 am
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NEUTRAL IMPACT
Ross Gerber's switch to Rivian and the resulting backlash could influence investor sentiment and potentially impact Tesla's stock price in the short term, especially with the upcoming Cybertruck launch.
While Gerber's individual action may not significantly affect Tesla's stock, the public discussion and sentiment around a prominent investor's choice could sway investor perception, especially when combined with the anticipation of the Cybertruck launch. However, the overall market impact may be limited unless more investors follow suit.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70