Ross Gerber Says Elon Musk Is 'Partially Responsible' For EV Rollback In US - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzinga·2026-01-16 04:06

Group 1 - Investor Ross Gerber attributes part of the slowdown in electric vehicle (EV) adoption in the U.S. to CEO Elon Musk, citing his connections with former President Donald Trump as a contributing factor [1][2][3] - Gerber expressed concerns that Musk's policies and actions have decelerated the transition to sustainable transportation and energy, reflecting a sentiment shared by many in the industry [2] - The investor warned that Tesla's decision to offer Full Self-Driving (FSD) technology as a subscription service, rather than a one-time payment, may indicate a decline in Tesla's technological edge over competitors [4] Group 2 - Elon Musk has promoted Tesla's new Lithium refinery, which is the largest facility for extracting Lithium Oxide from Spodumene in the U.S., crucial for EV batteries and Tesla's energy storage business, which achieved a record 14.2 gigawatt-hours in Q4 [5] - Tesla's stock showed a slight decline of 0.14% to $438.57 at market close, but experienced a minor increase of 0.21% to $439.49 in after-hours trading, indicating a favorable price trend according to Benzinga Edge Rankings [6]

Ross Gerber Says Elon Musk Is 'Partially Responsible' For EV Rollback In US - Tesla (NASDAQ:TSLA) - Reportify