The $100K Cybertruck Needs Some FSD Love From Tesla, Says Ross Gerber: 'Would Be Nice To Have The Software'

Benzinga Neuro

July 01, 2024

Ross Gerber, the CEO of Gerber Kawasaki Wealth, has made a public request for Tesla Inc. (NASDAQ:TSLA) to include Full Self-Driving software in its $100,000 Cybertruck.

What Happened: On Monday, Gerber took to social media platform X to express his desire for FSD in the Cybertruck, which is expected to be released soon. The post comes amid anticipation for Tesla’s second-quarter delivery figures, which are projected to show a year-over-year decrease.

“FSD on the cybertruck please. $100k truck. Would be nice to have the softwareâ€¦,” Gerber wrote.

FSD on the cybertruck please. $100k truck. Would be nice to have the softwareâ€¦ thanks. $TSLA
— Ross Gerber (@GerberKawasaki) July 2, 2024

See Also: Jim Cramer Says Trump’s Return To White House Could Be ‘Good For Your Portfolio:’ ‘Hate Him Or Like Him’

Why It Matters: The timing of Gerber’s request coincides with a critical period for Tesla. Investors are eagerly awaiting the company’s quarterly delivery figures, with consensus estimates from analysts standing at 441,000 deliveries in the second quarter. This update is expected to be released ahead of the market opening on Tuesday.

However, some experts predict that Tesla’s delivery numbers might fall short of these estimates. One expert highlighted that while many automotive companies report vehicle production and deliveries on a monthly or quarterly basis, Tesla’s figures are followed more closely than any other.

Ross Gerber has been vocal about his concerns regarding Tesla’s growth strategy. In April, he predicted a challenging earnings report for the company and questioned its ability to sell more cars with its current strategy.

Additionally, Gerber has been a strong advocate for Tesla’s Full Self-Driving technology, describing it as a “life-saving” innovation. He has previously engaged in public debates defending the technology’s potential to save lives and prevent injuries.

Price Action: Tesla Inc. shares closed at $209.86, up 6.05% on Monday. In after-hours trading, the stock increased 0.033%. Year to date, Tesla’s stock is down 15.52%, according to data from Benzinga Pro.

Read Next: Peter Schiff Says ‘Things Will Likely Get Much Worse From Here’ For Bitcoin Investors, But 3 BTC Metrics

Image Via Shutterstock

This story was generated using Benzinga Neuro and edited by Kaustubh Bagalkote

Recommended

Discover "U.S.'s New Money" Before Biden Wins - Ad

5 Wall Street Legends Just Bought This One Stock - Ad

"America's No. 1 Retirement Stock" (Name Inside) - Ad

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

The Election Shock Nobody Expected... (But You'll See it Coming)

The Election Shock Nobody Expected... (But You'll See it Coming) - Ad

It comes down to just 9 words... Nine simple words which when spoken, will determine the outcome of the 2024 election... These words have nothing to do with Trump, the economy, or what's happening in Ukraine, China or Israel. This is the scandal that isn't being reported (yet.) But my political operatives tracked down this story.

XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year

China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

America Has New Type of Money, Making Some Rich...Should You Get It?

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Michael Dell Says Generative AI Tech Wave Sweeping In Much Faster Than Early Internet: 'It's Happening Maybe 10 Times Faster'

Michael Dell, CEO of Dell Inc., compared the rise of generative AI to major technological advancements like the internet, noting its rapid adoption and significant impact on the global market.

On wealthy Martha's Vineyard, costly housing is forcing workers out and threatening public safety

VINEYARD HAVEN, Mass. (AP) — Sheryl Taylor works as an administrator for Martha's Vineyard Regional High School. Each summer, she has to leave the island or stay with friends because she can't afford the high seasonal rents.

New "Living Missile" to Replace Nuclear Missiles

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

The 'AI Big 10': 10 AI Stocks Now Comprise 28% Of S&P 500, Up From 14% In 2023

SPDR S&P 500 ETF has risen 30% in 8 months, thanks to AI stocks taking up large part of index. NVIDIA's success accounts for half of S&P 500's growth.

Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets

Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.

Amazon's Betting Big on This Unknown AI Company

Amazon's Betting Big on This Unknown AI Company - Ad

Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.

Trump's Felony Conviction Could Leave His Golf Courses Dry, NJ Set To Revoke Liquor Licenses

New Jersey authorities have decided not to renew the liquor licenses for two golf courses owned by former President Donald Trump, following his felony hush-money conviction.

Majority of Americans favor forgiving medical debt, AP-NORC poll finds

NEW YORK (AP) — Janille Williams wants to buy a house someday — but first, he has to pay down tens of thousands of dollars in medical debt.

Buy These 3 Stocks Before the FDA's Anticipated Announcement

Buy These 3 Stocks Before the FDA's Anticipated Announcement - Ad

See this ASAP! This could NOT be more urgent.... Ian King has identified 3 little-known stocks that could go up 10X in the coming years. It's all thanks to a breakthrough product that could save billions of lives. Maybe even yours.

Bitcoin, Ethereum, Dogecoin Rebound From Monday's Fall â€” How Long Before King Crypto Hits Current Range Highs Of $71.5K?

Leading cryptocurrencies bounced back Tuesday, a day after heavy sell-offs sent prices plummeting to an 8-week low.

US Supreme Court refuses to take up challenge to Florida's online sports betting compact

FORT LAUDERDALE, Fla. (AP) — The U.S. Supreme Court on Monday refused to take up a challenge to exclusive rights to handle online sports betting in Florida, dealing a blow to the deal's opponents.

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem

Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.

Undersea explorers mark a tragic day. Things to know about the Titan disaster anniversary

PORTLAND, Maine (AP) — A year after an experimental submersible imploded en route to the Titanic, unanswered questions linger — with no immediate answers.

Ralph Lauren goes with basic blue jeans for Team USA's opening Olympic ceremony uniforms

NEW YORK (AP) — When walks with the world’s athletes at the they’ll be doing so in snappy tailored navy blazers from Ralph Lauren — and blue jeans.

Something BIG's About to Happen in America

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

New York City Clerks Mistakenly Approve Paperwork That Falsely Tied Ivanka Trump And Hillary Clinton To $150 Million Real Estate Scam

The NYC Register's office was duped into filing fake deeds involving Ivanka Trump and Hillary Clinton in a $150 million real estate deal.

Microsoft, Amazon Or Palantir: Reddit Users Debate How To Invest $4,900

Reddit users debate best stock picks for $4.9K investment. Microsoft and Amazon seen as strong choices, while Palantir's potential sparks debate.

The Mysterious Tale of "America's No. 1 Retirement Stock"

The Mysterious Tale of "America's No. 1 Retirement Stock" - Ad

This factory of 53,000 employees, in Burbank, CA, was camouflaged to look like a sleepy suburb (with the help of artists, set designers, and painters from nearby Hollywood movie studios). The mysterious company behind this disappearing act is now being called "America's No. 1 Retirement Stock".

Swiss criminal court to rule on alleged human-trafficking of Indians by billionaire Hinduja family

GENEVA (AP) — A criminal court rules Friday on whether members of a billionaire family engaged in illegal human trafficking and mistreated their servants, mostly illiterate Indians, who were employed at their luxurious lakeside villa in Geneva.

Elon Musk's 'Super Difficult' Tesla Goal, Fisker's Troubles Just Got Worse, Faraday Future Eyes Affordable Segment And More: Biggest EV Stories Of The Week

The precarious state of the EV market was highlighted once again as Arrival plc announced its filing for bankruptcy in a Luxembourg court.

Biden Out By August 19?

Biden Out By August 19? - Ad

A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.

Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall

LONDON (AP) — Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% Thursday are expected to be dashed — even though inflation in the U.K. has fallen to its target rate for the first time in nearly three years.

UPS agrees to sell its freight-brokerage division for less than it paid for the business in 2015

ATLANTA (AP) — United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its core package-delivery business.

Nagging Feeling That Something Is Off in America?

Nagging Feeling That Something Is Off in America? - Ad

Royal Caribbean Stock Is Rising Tuesday: What's Going On?

Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher Tuesday in sympathy with shares of Carnival Corp (NYSE:CCL), which jumped after the company reported better-than-expected quarterly results.

Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage

The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..."

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

'Dogecoin Killer' Shiba Inu Falters â€” Here Is What These Key Indicators Reveal About Its Short-Term Prospects

Popular dog-themed coin Shiba Inu (CRYPTO: SHIB) cracked on Sunday as the market fell, but readings from key indicators revealed opportunities

Marques Brownlee Mourns Fisker's Bankruptcy: 'Need More Competition In The EV Space, But This One Never Made It Over The Hill'

Marques Brownlee, the prominent tech YouTuber known as MKBHD, expressed his disappointment over the bankruptcy of Fisker Inc., underlining the need for more competition in the electric vehicle sector.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents)

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Ford's F-150 Lightning-Based Supertruck To Climb Pikes Peak Over Weekend, Keeping Up With Model T Legacy

Ford's electric F-150 Lightning supertruck will compete at Pikes Peak on June 23, testing EV powertrains for future production vehicles.

This law is a lifeline for pregnant workers even as an abortion dispute complicates its enforcement

NEW YORK (AP) — Victoria Cornejo Barrera thought the legal helpline for workers sounded too good to be true.

Elon Musk's Chilling Warning for Humanity

Elon Musk's Chilling Warning for Humanity - Ad

Elon Musk warned that humanity will soon be 'obsolete.' Every port, railroad, highway, and airport in America is facilitating a kind of 'invasion' that will bring about centuries worth of change in the next few years. If Elon and the research are correct -- the results could be devastating for the average American.

GameStop's Short Squeeze Anniversary: A Look Back At David Vs. Goliath Battle And What's Next (CORRECTED)

Editor’s Note: This article was originally published on January 13, 2023, and has been updated to remove a reference to Citadel Securities.

Trending Now