October 25, 2025 - 23:50

Tesla recently announced its third-quarter financial results, which revealed a mixed performance. The company narrowly missed earnings expectations, yet managed to exceed revenue forecasts. This has sparked discussions among investors regarding the current state of Tesla's electric vehicle (EV) business. Ross Gerber, CEO of Gerber Kawasaki Wealth & Investment Management and a notable Tesla investor, shared his insights on the company's ongoing strategy, particularly its decision to reduce vehicle prices.
Gerber's commentary reflects a broader sentiment among investors as they assess the long-term viability and profitability of Tesla's business model. He emphasizes that the company's performance may have reached its peak, suggesting that the future of Tesla's EV segment could face challenges. Additionally, Gerber has been vocal about his views on Elon Musk's compensation package, labeling it as one of the most extravagant in business history. As Tesla navigates these complexities, the market watches closely to see how the company adapts to changing economic conditions and consumer demands.
June 13, 2026 - 03:50
Songwriters Hall of Fame: Taylor Swift, Raye Sound Off on Music BusinessThe 2026 Songwriters Hall of Fame induction ceremony turned into a night of candid industry critique as Taylor Swift, Alanis Morissette, and British artist Raye each used their acceptance speeches...
June 12, 2026 - 01:37
Long Beach awards $54M in small business contractsThe Port of Long Beach, the busiest container port in the United States, has awarded $54.4 million in contracts to small businesses for materials and services. The awards were made through the port...
June 11, 2026 - 02:27
Texas governor proposes new data center regulationsGovernor Greg Abbott has introduced a plan to tighten regulations on data centers operating in Texas, pointing to their growing strain on the state`s power grid and the rising costs passed on to...
June 10, 2026 - 20:31
Charlotte votes raise questions about business influence and ‘the Charlotte Way’Two recent votes by the Charlotte City Council have sparked fresh questions about the sway of the city`s business elite and the endurance of its long-standing cooperative culture, often called the ...