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benzinga.com
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Tesla Bull Ross Gerber Says Elon Musk 'Doesn't Care' About Company Anymore, Blames Focus On Other Ventures For EV Maker's Slump - Tesla (NASDAQ:TSLA)

1. Gerber criticizes Musk, stating he doesn't care about Tesla. 2. Tesla stock has declined 33% year-to-date amid Musk's outside activities. 3. Sales fell 8.6% year-over-year despite Tesla leading the U.S. EV market. 4. Investor patience is waning due to Musk's absence from Tesla operations. 5. Gerber maintains Tesla holdings, believing the situation may improve soon.

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FAQ

Why Bearish?

Musk's declining involvement is causing investor frustration and stock decline, reflecting historical patterns where leadership impacts stock performance significantly.

How important is it?

The article highlights recent criticisms relating to Tesla's leadership, which could affect investor confidence and therefore stock performance.

Why Short Term?

Immediate reactions to leadership criticisms and declining sales can cause volatility in the short-run, similar to past instances where CEO activities influenced stock price.

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