Ross Gerber has been one of Tesla's TSLA most vocal investors for years, and while his criticisms of the company's leadership have intensified lately, he still sees Tesla as a critical player in the fight against climate change.
In a recent interview with Bloomberg, Gerber laid it all out. He criticized CEO Elon Musk's behavior and its impact on Tesla's stock and reputation, but made it known he hasn't given up on the mission.
Don't Miss:
- Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.26/share!
- Invest in the future of digital engagement: Own a piece of the $100 billion Metaverse for just $500.
“I Want to See Tesla Succeed”
“I’m going to stand up for Tesla because I care about climate,” Gerber said. “I want to see Tesla succeed. And that is the whole purpose of why I say these things and get criticized.”
Gerber, who heads Gerber Kawasaki Wealth & Investment Management, said the urgency around climate change became personal after he recently faced a “horrible fire that was created by climate.”
“I can tell you firsthand, after seeing and fighting it myself, that if you’re not concerned about what climate change is going to do to you, you’re just being foolish here,” he said.
Trending: With high-demand properties in the Midwest, Bam Capital has delivered 2.46x equity multiples in just over 3 years. No losses. No missed payments. Learn more about becoming an investor today.
Tesla’s image problem
While Gerber still believes in Tesla's products and mission, he said the company is being held back by Musk's distractions and political behavior.
“Nobody’s made any money in Tesla for a long time,” he said, pointing to the stock being down around 40% in 2025. “It’s clear that [Musk] just doesn’t care.”
He also criticized the company for failing to advertise its newer products, like the upgraded Model Y, which Gerber called “a great upgrade” and “way better than the old Model Y.”
Despite the setbacks, he maintains that Tesla remains one of the most important companies in the world when it comes to tackling the climate crisis.
Trending: Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.60 per share now.
Growing pressure on climate research
Gerber's climate-focused stance comes at a time when the Trump administration has begun slashing funding for climate research, including nearly $4 million in grants to Princeton University. The administration’s press release said the programs increased “climate anxiety” and promoted “implausible climate threats.”
The funding cuts included support for a Nobel Prize-winning climate modeling program and research into sea-level rise and water availability.
Scientists have warned that weakening climate research efforts could leave the public less informed and less prepared for real environmental risks.
“Climate-related risks will not vanish if they are denied,” French climate scientist Valérie Masson-Delmotte said in a Bluesky post.
See Also: BlackRock is calling 2025 the year of alternative assets. One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.
Tesla Remains a Key Part of Gerber’s Portfolio
Despite cutting Tesla exposure in his fund, Gerber said the company is still a core holding for many of his clients.
“I still own Tesla. We own a lot of Tesla at my firm,” he said, even though he can’t “really even justify owning it” in his fund at the moment.
For Gerber, the big picture still matters most: “Tesla’s one of the most important companies to solving climate.”
Read Next:
- ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
- This investment company boasts a 33.85% internal rate of return (IRR) for its realized projects, allowing accredited investors to earn passive returns and avoid the headaches of being a landlord.
Image: Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.