Ross Gerber Says Tesla's 'Good Old Days' Ended When Elon Musk Started Selling Shares to Buy Twitter

What happened

Investor Ross Gerber said Tesla’s “good old days” ended in 2022 when Elon Musk began selling Tesla shares to buy Twitter. Musk sold roughly $8.5 billion in Tesla shares in April and another $6.9 billion in August; filings did not state the purpose of the April sales.

Confirmed

Global impact / market context

Gerber links Musk’s share sales to a perceived change in Tesla’s earlier era, but the article does not establish that the sales caused business or financial changes. For investors, the distinction matters: a founder’s share sales can shape confidence, while company performance requires separate evidence.

Analyst inference

The article describes Gerber’s view and Musk’s share sales, not Tesla’s share-price response, operating results, or capital spending. Musk said August proceeds could fund the Twitter purchase if needed; that conditional statement does not show how the sales affected Tesla’s cash available or plans.

Analyst inference

What to watch

1. Look for Tesla filings or company statements that clarify the purpose and timing of Musk’s share sales, since the article says April filings did not disclose their purpose. Analyst inference
2. Watch for company updates on sales, spending, or product plans that could show whether Tesla’s business direction changed after the period Gerber calls its “good old days.” Analyst inference
3. Gerber’s comments are an investor’s opinion; the article provides no evidence that Musk’s sales caused a change in Tesla’s results or investor confidence. Confirmed

Evidence

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