Tesla's major shareholder expects its stock price to be halved, with 4 main reasons, 2 of which are related to Elon Musk

Source: on.cc East Network foreign media reports, Tesla shareholder and Gerber Kawasaki Wealth and Investment Management CEO Ross Gerber recently expressed a pessimistic attitude again, predicting that Tesla's stock price will plummet by 50%. Gerber believes that high price-to-earnings ratios, concerns about fully autonomous driving, and the chain reactions arising from Musk's unpredictable behavior will lead to a continued decline in Tesla's stock price. He believes that Tesla's stock price could drop by 50%, mainly due to the following four factors. 1. Musk plans to launch an autonomous taxi network in Texas this June, and Gerber believes it "seems almost impossible to achieve." 2. Gerber believes Musk is overwhelmed with mundane affairs. From managing multiple companies like Tesla, SpaceX, and xAI, to a large number of tweets on social media platforms, to the U.S. government's DOGE department, and being a father to more than a dozen children, 24 hours a day may not be enough. Gerber said that Musk's focus on artificial intelligence is a detriment to Tesla. 3. Car sales remain Tesla's core business, but the growth of this business is beginning to slow down. Additionally, Musk's close relationship with Trump has sparked anger among people, and this anger is not directed at Tesla as a company, but at Musk; Tesla is a way for people to vent their anger. 4