Ross Gerber Suspects Elon Musk Has 'A Little Ego Thing Going On' With BYD's Yangwang After Tesla CEO Promises Speedier Roadster
Portfolio Pulse from Anan Ashraf
Ross Gerber, a Tesla investor, expressed skepticism about the feasibility of Tesla's new Roadster achieving 0-60 mph in less than a second, citing potential risks. He suggested Elon Musk's motivation might be driven by competition with BYD's Yangwang, a Chinese supercar. Musk aims to finalize the Roadster's design by late 2024, with deliveries in 2025. Gerber believes BYD could succeed in the U.S. market by adopting a strategy similar to Hyundai's Genesis brand.
February 29, 2024 | 11:01 am
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NEUTRAL IMPACT
Skepticism from a prominent Tesla investor about the new Roadster's ambitious specs could influence investor sentiment, potentially impacting TSLA's stock in the short term.
Ross Gerber's skepticism, given his status as a Tesla bull and investor, could lead to mixed feelings among investors regarding the feasibility and safety of the new Roadster's specifications. However, the impact might be moderated by the long-term timeline for the Roadster's release and the ongoing interest in Tesla's innovation.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80