Ross Gerber Recommends Tesla Owners Let TSLA ‘Take The Risk' In Elon Musk's Airbnb-Like Robotaxi Program

Investor Ross Gerber on Monday advised Tesla Inc. (NASDAQ: TSLA ) owners to refrain from participating in the EV giant’s Airbnb Inc. -like (NASDAQ: ABNB ) Robotaxi service rollout amid the Cybercab launch.

Tesla Bears No Risk

So tesla sells the cybercab to other “fleet managers” and takes a cut of the revenue for managing the system plus the sale price,” the investor said in his post. He added that such a model “vastly” lowers the EV giant’s risk on factors like pricing and operations, which would be borne by the fleet managers opt...