Tesla Bull Ross Gerber to shareholders: If you have any confusion that Elon Musk is coming back to Tesla, he’s not. His next move is ...

Tesla investor Ross Gerber, who called for Elon Musk’s exit from the company, has once again criticized him. In an interview with Bloomberg Technology, the CEO of Gerber Kawasaki Wealth & Investment Management, said that Musk “doesn’t care” about the electric car manufacturer. “It’s clear that he just doesn’t care. His next move is X AI… So if you have any confusion that he’s coming back to Tesla, he’s not,” he said during the interview. In March, Gerber said that Musk has lost focus given his widening interests and has become too ‘divisive’. Blaming social media posts and involvement with the president Donald Trump for bringing negative publicity to the company, he then said that “the company's reputation has just been destroyed by Elon Musk”.
He then said Musk would have to choose between supporting Trump or protecting Tesla. He said : “It's time for somebody to run Tesla. The business has been neglected for too long. There are too many important things Tesla is doing, so either Elon should come back to Tesla and be the CEO of Tesla and give up his other jobs or he should focus on the government and keep doing what he is doing but find a suitable CEO of Tesla.”

In the Bloomberg interview, Gerber also defended his criticism after facing a backlash from retail investors for his Tesla remarks. He said “I understand why retail investors at Tesla are frustrated with me for voicing my views” adding that he’s “getting attacked because of Elon’s behavior.”
However, Gerber said that his firm will continue to manage Tesla shares. He said “We still own Tesla because I do think something fixes itself at some point, and they have the best products”.

Despite maintaining its lead in the US EV market, Tesla's stock has dropped 33% year-to-date. According to Cox Automotive data, Tesla sales fell 8.6% year over year in the first quarter of 2025, while the market expanded 11.4% as a whole.