Bloomberg Surveillance

Instant Reaction: Tesla Earnings Surpass Expectations

6 snips
Oct 23, 2024
In this discussion, Ross Gerber, CEO of Gerber Kawasaki Wealth Management, offers his insights on Tesla's impressive earnings, which surpassed Wall Street expectations. He highlights the rebound in demand for electric vehicles and forecasts slight growth in vehicle deliveries. The conversation dives into the implications of Elon Musk’s political engagement, questioning how it could affect Tesla's performance amid increasing competition. They also touch upon the significance of full self-driving software in driving profits and the anticipated dynamics of upcoming earnings calls.
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