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Ross Gerber Takes Aim At Elon Musk, Urges Tesla CEO To Buy 12% More Equity 'Instead Of Taking It From Shareholders' - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzingaยท2025-09-16 06:41

Core Insights - Ross Gerber, co-founder of investment firm Gerber Kawasaki, urges Tesla CEO Elon Musk to increase his equity stake in Tesla after Musk's recent $1 billion stock purchase, which briefly pushed the stock above $420 [1][2][4] - Gerber questions why Musk does not purchase the additional 12% stake he desires instead of taking it from shareholders, which would increase his total ownership to approximately 25% [3][4] - Tesla's stock has seen a surge due to anticipated strong Q3 delivery figures, driven by a rush to secure the $7,500 Federal EV credit before the September 30 deadline, although concerns remain about Q4 delivery uncertainty [5][6] Company Performance - Tesla's Gigafactory Berlin has announced an increase in production, citing positive signals from various markets, despite a decline in overall sales [7] - Tesla's U.S. EV market share has fallen below 40% for the first time since 2017, and sales in Europe have decreased by 40.2% [8] - The company continues to perform well in Momentum and Growth metrics but struggles with Value, while Quality remains satisfactory [8]