Tesla Investor Sees Apple Selling More Vision Pros In 2024 Than EV Giant Delivering Cybertrucks: 'This Bet Is Not Looking Good'
Portfolio Pulse from Anan Ashraf
Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management and Tesla investor, expressed doubts about Tesla (TSLA) selling more Cybertrucks in 2024 than Apple (AAPL) selling Vision Pro headsets. Gerber had a bet that Tesla would outperform Apple in sales, but the immediate sell-out of Vision Pro pre-orders made him reconsider. Despite the Cybertruck having 2 million preorders, production challenges may delay its delivery target. Meanwhile, analyst Ming-Chi Kuo believes Apple can easily ship 500,000 Vision Pro units this year. Both products are highly demanded, but belong to different market segments.
January 22, 2024 | 6:23 am
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NEGATIVE IMPACT
Tesla's Cybertruck faces production scaling challenges, potentially delaying its delivery target to 2025, despite high demand.
The potential delay in Cybertruck deliveries to 2025 due to production issues could negatively impact investor sentiment and Tesla's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Apple's Vision Pro reality headset sees strong demand with immediate sell-out on pre-orders, and analyst expectations of shipping 500,000 units this year.
The sell-out of Apple's Vision Pro pre-orders and the positive shipment forecast by analysts could positively influence Apple's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80