Ross Gerber Wants To Make A Bet With Tesla, Challenges Elon Musk To Refund Customers $10K If It Doesn't Work: 'It's Been Years…'

Benzinga
2025.09.26 05:38
portai
I'm PortAI, I can summarize articles.

Ross Gerber, co-founder of investment firm Gerber Kawasaki, has challenged Elon Musk to refund customers $10,000 if Tesla's Full Self-Driving (FSD) technology does not achieve Level 4/5 autonomy. Gerber criticized Tesla for charging for FSD, claiming it has been years of unfulfilled promises. He doubts the company's ability to reach high levels of autonomy without addressing hardware issues. Tesla faces lawsuits regarding FSD's safety and effectiveness, while investor Gary Black suggests a new valuation approach for Tesla's Robotaxi service, which aims to serve a significant portion of the U.S. population by 2025.