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Tesla stock has minted many millionaires.
Ross Gerber was an early investor who didnt wait for the stock to rally before buying shares.
Hes stuck with his position through the companys many ups and downs, realizing a nice profit for himself.
However, hes become bearish due to recent events and market conditions which we will cover.
Its a critical piece for Teslas robo-taxi segment, which can be lucrative if done well.
Gerber mentioned that Tesla doesnt use lidar sensors that other self-driving cars use.
Tesla relies on cameras for self-driving cars, and the early investor doesnt believe thats sufficient.
Hes working on SpaceX, X, xAI, and DOGE.
Business owners use systems so most of their time is spent making decisions instead of doing mundane tasks.
Musk has done a great job at this, but each company still demands plenty of attention.
Its still hard to beat against Musk in the long run, and Gerber knows this, as well.
Automobile sales have been decelerating, especially in Europe and China.
Declining vehicle sales and decelerating growth may become a long-term trend.
Rising competition and the alienation of a chunk of Teslas consumer base can lead tobad financial resultsin the future.
Some stocks can command high valuations by delivering high revenue and net income growth.
However, Teslas growth has largely slowed down and doesnt warrant such a high premium.
That scenario can cause the stock to plunge as investors reassess its valuation.
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