Ross Gerber, Gary Black Weigh In On Tesla Cybertruck's Poor Sales: 'A Very Sad Result'
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Veteran investors Gary Black and Ross Gerber expressed disappointment over Tesla's Cybertruck sales on social media. Gerber suggested discontinuing the Cybertruck to boost its value as a collector's item, calling the sales figures "a very sad result." Black attributed the poor sales to the Cybertruck's design and recommended Tesla consider a more traditional pickup truck priced around $50K. Despite a decline in overall sales, Tesla's Q2 deliveries were strong, driven mainly by the Model 3 and Model Y, with some recovery noted in markets like the UK and China.
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