Tesla Bull Ross Gerber Slams Rumored Affordable Model Y E80: 'Just 4 Wheels And You…'

Ross Gerber has called out Tesla Inc.'s (NASDAQ:TSLA) rumored Model Y E80, which is slated to be a more affordable version of the new Model Y.

What Happened: Quoting a post that shared details about the Model Y E80 on social media platform X, Gerber slammed the rumor on Sunday.

"Just 4 wheels and you sit on the battery. Amazing innovation! The Tesla Model C – rap," he said in his post. The rumored Tesla Model Y E80 is reportedly a toned-down version of the Model Y and will offer fewer features than the standard version.

Noted omissions in the E80 include fabric seats with no ventilation functions, a manual frunk, a 50-55 kWh battery pack, monotone ambient lighting, and will reportedly cost $28,000.

Why It Matters: Gerber's criticism isn't the first time he's locked horns with Elon Musk's EV giant. He had recently said that Musk "doesn't care" about Tesla and that the billionaire is more focused on other ventures like X AI.

Gerber was also at odds with Tesla's FSD technology. The investor said that Tesla's FSD was like ‘a 12-year-old driving' when compared with the likes of Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Waymo, which recently announced it had reached the 250,000 weekly paid rides milestone. 

He'd also criticized the company's poor sales figures in the first quarter. "The BOD is 100% responsible and should be removed for negligence," Gerber had said in a post on X.

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