Tesla Investor Gerber: Automaker's Self-Driving Push 'Doesn't Work'

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Tesla investor Ross Gerber expressed skepticism about the company's self-driving feature, stating it 'doesn't work', and questioned CEO Elon Musk's understanding of human behavior.

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Negative sentiment towards Tesla's self-driving technology could lead to a short-term decline in the company's stock price, potentially affecting the overall electric vehicle (EV) sector.

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Bearish
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70%

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Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, joins Bloomberg Businessweek Daily to discuss Tesla's latest quarterly earnings results. Gerber, who has grown increasingly skeptical of the automaker's plans and has trimmed Tesla stock from his holdings, says he thinks its full self-driving feature "doesn't work" and that CEO Elon Musk doesn't "get how humans work." Gerber also discusses Tesla's push into services, scaling against self-driving services like Waymo, and more. Bloomberg Tech Co-Host Ed Ludlow also weighs in on the earnings results. Ludlow and Gerber speak with Carol Massar and Tim Stenovec. (Source: Bloomberg)

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