Tesla Faces License Suspension In California Over FSD Claims As Gerber Says 'The Days Are Over,' Munster Calls Ruling 'Absurd' - Tesla (NASDAQ:TSLA)

Core Viewpoint - A California court has suspended Tesla Inc.'s license to sell vehicles for 30 days due to misleading claims regarding its Full Self-Driving (FSD) technology, with a potential suspension if policies are not changed within 90 days [1] Group 1: Analyst Reactions - Ross Gerber, co-founder of Gerber Kawasaki, stated that Tesla's claims of "full self-driving" are no longer acceptable in California [2] - Gerber acknowledged improvements in Tesla's technology with the v14 update, despite maintaining a bearish stance on TSLA while still holding a position in the company [3] - Gene Munster from Deepwater Asset Management criticized the court ruling as "absurd," noting that the Autopilot feature already instructs drivers to remain attentive [4] - Munster humorously suggested that Elon Musk might rename the feature to emphasize driver attentiveness [5] Group 2: Tesla's Market Position - Tesla's stock value recently surged, elevating its market valuation to over $1.58 trillion, making it the most valuable automaker globally, ahead of competitors like Toyota and Chinese firms such as BYD and Xiaomi [7] - Tesla is noted for strong Momentum and Quality metrics, satisfactory Growth, but poor Value, with a favorable price trend across short, medium, and long-term [8] - At market close, TSLA shares declined by 4.62% to $467.26 but saw a slight increase of 0.46% to $469.40 in after-hours trading [8]