Tesla Investor Ross Gerber Faces Backlash From Elon Musk Fans Following His Recent Comments About Switching To Rivian: 'He's A Bear'

Prominent Tesla investor Ross Gerber faced backlash from Elon Musk supporters, who alleged that Gerber had switched allegiance to the bearish camp.

What Happened: After Gerber announced he would be appearing on ‘Last Call CNBC’ to discuss Tesla and its CEO, Musk, an X user by the name of Riccardo commented, “Now that he’s a bear, he will be invited on every day.”

Gerber, President and CEO of Gerber Kawasaki Wealth and Investment Management, known for his bullish stance on Tesla, responded with humor, replying, “I'm a bear now? 😂.”

See Also: Goodbye, Starship V1? Elon Musk Drops A Hint With Photo Of Final 4 Prototypes

Why It Matters: The interaction comes amid speculation around Gerber’s stance on Tesla when he announced his decision to replace his Tesla Model Y with a Rivian vehicle in 2023. This move was a response to Elon Musk’s controversial endorsement of an antisemitic claim.

Gerber had stated, “Sadly, this is a win for Rivian… I will be replacing my Tesla Model Y for a Rivian next year and I'm sure the rest of LA will as well.”

This decision has stirred debate among Tesla fans and investors, causing some to question whether Gerber has indeed turned bearish on Tesla. With Tesla’s Cybertruck launch around the corner, Gerber’s comments and actions will be closely watched by the market.

Read Next: Rivian Only EV Maker That Makes The Cut For Bullish Recommendation Says Analyst: ‘Underappreciated Winner’ In EV Transition

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