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Tesla Bull Ross Gerber Demands TikTok Ban Calling It A 'National Security Risk' Amid Reports That Elon Musk May Buy It

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Tesla Bull Ross Gerber Demands TikTok Ban Calling It A 'National Security Risk' Amid Reports That Elon Musk May Buy It

On Thursday, Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, called for a ban on ByteDance-owned TikTok, citing national security risks.

What Happened: Taking to X, the wealth manager did not mince words, alleging that the app is being used by the Chinese government as a tool to manipulate and undermine the U.S.


In a follow-up post, Gerber highlighted the app’s role in dividing Americans and supporting terrorism. “It is a national security risk. End of story. It's used to divide us and support terrorism,” he stated.

See Also: Apple Stock Has Moved Up 4.2% Since iPhone 16 Launched, Analyst Says It Has Another 8% Upside As Manufacturing Cost Decline Bolsters Cupertino’s Margins


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Why It Matters: The call for a TikTok ban by Gerber comes at a time when the app’s future in the U.S. is uncertain. It is expected to take effect on Sunday.

The Joe Biden administration has already deferred the decision on the ban to the incoming Donald Trump administration, leaving TikTok’s 170 million U.S. users in limbo.

TikTok CEO Shou Chew is reportedly set to attend President-elect Trump's inauguration, joining other tech leaders like Elon Musk and Mark Zuckerberg.

His statement also comes amid discussions of potential buyers for TikTok’s U.S. operations, including Jimmy Donaldson, popularly known as MrBeast, and Tesla CEO Musk.

Check out more of Benzinga's Consumer Tech coverage by following this link.

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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Photo courtesy: Shutterstock

 

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