Ross Gerber, a long-time Tesla investor, proposes that the company’s stock downturn could be remedied through either a CEO transition or a shift in Musk’s conduct. The decline in stock value is attributed to disappointing earnings, a constrained product portfolio, and market obstacles. Gerber specifically critiques Musk’s recent social media behavior, which has adversely affected Tesla’s reputation and investor trust. Despite these reservations, analyst Dan Ives anticipates a substantial 77% recovery in Tesla’s stock within the upcoming year.
Tesla’s $TSLA shares are currently at $160, marking their lowest point in almost 10 months, with the stock down 35% year-to-date.
As of now, Tesla ranks as the poorest performer in the S&P 500 and among the MAG7 for the year, having shed nearly $280 billion from its market capitalization in 2024 and $520 billion from its peak value.
I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire.
I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world.
I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas.
As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential.
I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities.
Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire
Last reviewed by Abhishek Sharma on August 31, 2026
Disclaimer:
BigBreakingWire provides news and informational content for general educational purposes only. The information presented on this website does not constitute financial, investment, tax, or legal advice. Readers should consult qualified professionals before making any financial decisions. BigBreakingWire, its authors, and editors are not responsible for any financial losses or damages arising from the use of information on this site.
Discussion
Share your take — react and comment in seconds, no login needed.
