From Yahoo Finance: 2025-05-06 11:06:00

Investor Brad Gerstner reduced his stake in TSLA due to “macro risk,” but still praises the company’s handling of challenges and autonomous-driving technology. Gerstner also revealed a shift in risk allocation from one to six or seven out of ten. He believes the future lies in AI stocks over TSLA.

Gerstner highlights TSLA’s challenges from tariffs and trade tensions but praises its autonomous-driving technology as the best in the world. He predicts a multi-trillion-dollar transition to autonomous driving in the next five to ten years. Despite potential in TSLA, Gerstner sees greater promise in AI stocks for higher returns.

Brad Gerstner, founder and CEO of Altimeter Capital, mentioned on CNBC that he has decreased his position in TSLA due to macro risks. He sold portions of all his stocks for the same reason but noted an increase in risk allocation from one to six or seven out of ten.

Read more: Prominent Investor Sold TSLA Stock But Remains Upbeat on the Name