kawasaki gerber co-founder ross gerber has criticized Tesla Inc. (NASDAQ:TSLA) CEO Elon MuskClaims about the company’s future efforts, including unattended autonomous vehicles, as Tesla fails to meet its driverless Robotaxi goal by the end of the year.
In a post on social media platform X, the investor harshly criticized Musk and Tesla. “The CEO makes claims (hallucinations) on conference calls that are not even remotely true…” Gerber said. He added that the Tesla Full Self-Driving (FSD) system still poses problems despite offering Level 2 autonomy.
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It’s worth noting that Gerber, who has been a vocal critic of Tesla and Musk, had previously praised the FSD system for its improvements over its predecessors, but subsequently highlighted multiple problems with the technology.
“Robotaxis are still just Ubers. Robots are far from working. Car sales are falling,” Gerber said. He then questioned the company’s stock performance and said, “The PE is 300.” “Something has to give,” the investor said.
CEO makes claims (hallucinations) on conference calls that aren’t even remotely true… FSD still bothers me at level 2. Robotaxis are still just Ubers. The robot is far from working. Car sales are falling. However, the PE is 300. Something has to give. $tsla
Tesla has been working on its self-driving technology and Musk recently shared that he was being driven autonomously by a Tesla Robotaxi in Austin. Musk had also shared that the company’s Cybercab, which was seen in testing in Austin and California, will see a production ramp-up sometime this year.
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Sharing your thoughts about Nvidia Corp.(NASDAQ:NVDA), Alpamayo, Musk shared that the delivery side of autonomous driving was the biggest challenge to scaling autonomy.
Investor Gary Black of the Future Fund LLC recently said that Tesla wouldn’t be the only company working to solve autonomous driving amid the unveiling of Nvidia’s Alpamayo technology, which the CEO Jensen Huang touted as a ChatGPT moment for physics AI.