Tesla Inc. (NASDAQ:TSLA) and CEO Elon Musk were in the news again, with the stock experiencing a double-digit percentage decline as well as the EV giant facing legal and Federal scrutiny. Here’s a look at some of the headlines this week.
Ross Gerber’s Sarcastic Jibe At Elon Musk
As Tesla’s stock saw a decline of more than 13% over the past month, investor Ross Gerber of investment firm Gerber Kawasaki suggested that Musk should consider selling EVs again. He expressed his admiration for burgeoning rival Slate Auto‘s novel approach for its $25,000 truck.
Gary Black Dismisses Robotaxi Theory, SpaceX Merger Speculations
Investor Gary Black dismissed the theory that Musk was deliberately slowing down Tesla’s Robotaxi ramp for a potential Space Exploration Technologies Corp (NASDAQ:SPCX) merger. He cited the “massive dilution” and “governance issues” that would result from such a transaction.
