Tesla investor Ross Gerber doubts Musk's ties to Trump will help the company

Tesla investor Ross Gerber is skeptical that Elon Musk's ties to Donald Trump will benefit the electric vehicle maker. He believes Tesla faces significant challenges and suggests the stock should be valued at around $200, about 40% lower than its current price. Gerber has reduced his stake in Tesla, now holding just 2% of his portfolio. He cites concerns over Tesla's technology and competition in the ride-hailing market, as well as potential negative impacts from changes to EV tax credits. Despite some optimism from other investors about Musk's political influence, Gerber remains cautious. He has indicated he may consider selling his remaining shares if Tesla's business does not improve.