Despite Bearish Views, Ross Gerber Says Tesla Stake Remains: 'We've Continued Lowering Our Exposure'
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Ross Gerber, CEO of Gerber Kawasaki, confirmed that his firm still holds 235,000 shares of Tesla Inc. despite bearish views and ongoing sales of their Tesla position. Gerber stated they have been reducing exposure over the years but are not exiting entirely. This comes amid significant insider trades at Tesla, including Kimbal Musk selling over $31 million in stock. Meanwhile, Tesla is preparing for its Robotaxi launch, with Elon Musk announcing accelerated testing in Austin.
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