News · Yahoo Finance

EXCLUSIVE: Ross Gerber Says Tesla May Make Just ‘a Few Hundred’ Roadsters: ‘Hovering Is a Gimmick’

Tesla reopened $50,000 reservations for the Roadster and announced a debut on October 1, 2026, but later delayed it to October 15 due to unfavorable weather, since the event was planned outdoors. Investor Ross Gerber, CEO and co-founder of Gerber Kawasaki Wealth Management, said he holds no reservation and called the hovering feature a gimmick that would balloon costs. He predicted the Roadster may be a limited run of just a few hundred units and said the high-end EV market is smaller than the overall high-end car market. He also criticized Tesla's decision to discontinue the Model S Plaid and stressed the importance of low-cost EVs amid high gas prices tied to the Iran war and the Russia-Ukraine conflict.

Summary written by Upside AI from the original article. Read the source for full details.

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Related tickers and likely impact

TSLA

▼ Likely negative

Tesla, Inc.

Relevance: low

MarketUS stocks
SectorConsumer Discretionary
IndustryAutomobile Manufacturers
Market cap$1.5T
Close on 10/13/2026375.24
Change that session-0.74%
TSLA price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

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