Gerber Kawasaki CEO and Tesla bull Ross Gerber has floated a proposal to Tesla for boosting its stock value that could capture even Elon Musk's curiosity. Gerber posited appointing a more seasoned CEO, hinting that Musk's attention might be diverted to launching yet another spacecraft to Mars or engineering a robotic servant. Business Insider reported on Gerber's comments, where he playfully branded Musk as the "devil of advertising," a nod to his controversial exploits on the social platform X, once known as Twitter. It seems Gerber believes that Tesla could stand to gain from the leadership of a "conventional" CEO or Musk reverting to his foundational goals of forging the vehicles of the future and fostering the brand with a more optimistic narrative. Meanwhile, the analysts at Wells Fargo adjusted their price target for Tesla shares downward to $125 per share, marking a 23% reduction from its present valuation. They cast a skeptical glance at Tesla, summarizing their perspective with a pithy, "growth company with no growth." Against this backdrop, several investors, including Gerber, are observing the developments with a sense of disillusionment, particularly following Musk's acquisition of X. Where Musk's tweets once served as a promotion for Tesla, his recent forays into social media have spurred more skepticism than clarity. This narrative appears to be far from over, leaving observers in anticipation of whether Musk will align with Gerber's counsel or chart his course toward what he deems to be "normal."
