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Once A Top Musk Supporter, Now Warning Tesla Stock Faces Major Pain in 2025 - Tesla (NASDAQ:TSLA)

Summary by Benzinga

Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber, a Tesla Inc. (NASDAQ:TSLA) shareholder, anticipates a 50% plummet in the stock’s price this year. What Happened: Gerber had earlier offloaded approximately $60 million worth of Tesla shares, citing concerns over the company’s dwindling popularity. Despite a brief spike following the 2024 election, Tesla’s shares have witnessed a 16% decline this year and have fallen 4% since Gerber’…

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Once A Top Musk Supporter, Now Warning Tesla Stock Faces Major Pain in 2025 - Tesla (NASDAQ:TSLA)

Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber, a Tesla Inc. (NASDAQ:TSLA) shareholder, anticipates a 50% plummet in the stock’s price this year. What Happened: Gerber had earlier offloaded approximately $60 million worth of Tesla shares, citing concerns over the company’s dwindling popularity. Despite a brief spike following the 2024 election, Tesla’s shares have witnessed a 16% decline this year and have fallen 4% since Gerber’…

14 hours ago·New York, United States

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Former Tesla Booster Now Warns Stock Faces Major Pain in 2025

Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber, a Tesla Inc. (NASDAQ:TSLA) shareholder, anticipates a 50% plummet in the stock’s price this year. What Happened: Gerber had earlier offloaded approximately $60 million worth of Tesla shares, citing concerns over the company’s…

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Benzinga broke the news in New York, United States 14 hours ago on Saturday, February 22, 2025.

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