00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla investor Ross Gerber criticized Elon Musk's shift away from electric vehicles toward AI,
00:08autonomous driving and robotics, telling Benzinga that Tesla should refocus on cars and energy
00:14storage. Gerber expressed skepticism about Musk's prediction that SpaceX could reach
00:19$1 trillion in annual revenue by 2029, citing years of missed timelines for Tesla's full
00:25self-driving. He also raised concerns about a potential Tesla-SpaceX merger, saying conflicting
00:31valuations could leave shareholders on either side disadvantaged. Gerber warned that a Tesla-SpaceX
00:38merger could trigger a lower combined valuation, legal challenges and losses for shareholders,
00:44while Musk ultimately benefits. Gerber said he could double Tesla sales by investing in marketing,
00:50expanding its vehicle lineup and refocusing the company on EVs and energy storage.
00:55For all things money, visit Benzinga.com.
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