Ross Gerber, a longtime Tesla investor, has dumped more shares of the electric vehicle maker in the first quarter, reiterating his bearish views on Tesla.
Despite a 52% increase in shares from recent lows, Gerber remains unconvinced by the latest rally and continues to sell.
Gerber highlighted three main issues with Tesla: Full self-driving concerns, decrease in vehicle sales, and competition in the Robotaxi business.
Gerber believes the next six months will be crucial for Tesla's future and remains skeptical about the company's ability to deliver on its promises.