Tesla(US:TSLA) Benzingaยท2025-10-08 05:17Core Viewpoint - Tesla Inc. faces criticism from investors Ross Gerber and Gary Black regarding the launch of affordable Model Y and Model 3 trim levels, suggesting potential negative implications for the company's sales and brand perception [1][2][5]. Investor Criticism - Ross Gerber accused Tesla CEO Elon Musk of "pilfering" the EV tax credit, claiming that the new pricing strategy undermines the value of higher-priced models [2]. - Gerber warned that purchasing the new affordable Model Y or Model 3 could lead to financial losses, suggesting that buyers might overpay by as much as $5,000 [3]. - Gary Black highlighted the trade-offs associated with the lower-priced Model Y, noting reduced battery range, acceleration, and features compared to higher-end models, expressing skepticism about their sales potential [5][6]. Brand Perception - Black stated that the introduction of an affordable Model Y would not enhance Tesla's brand appeal, despite being a supporter of the brand [6]. - Both investors emphasized that while the lower price point may attract customers, the overall value proposition of the new models is lacking, which could hinder sales [5][6].