'Elon has his mojo back': A top Tesla investor shares the biggest takeaways from the shareholder meeting and why the stock is a must-have in your portfolio now
. The news led to a spike in Tesla's stock price, as Wall Street saw the move as a sign that the billionaire would dedicate more of his bandwidth to his car company.
The appointment of the new Twitter chief and updates at the Tesla meeting even changed his investment view. "You gotta own Tesla in your portfolio with Elon re-focused on Tesla," Gerber said."I went from a hold and somewhat bearish, to a buy and somewhat bullish. The only thing keeping me from outright bullishness is the broader economy."Gerber's other takeaways from the shareholder meeting included signs that Musk wouldn't be stepping down from his CEO role at Tesla anytime soon.
More people will learn about the brand through this avenue, given that Tesla's videos displaying its technology are already attractive, he noted.
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