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Weinstein joins Target as chief marketing and guest experience officerThe Apex TimesBusinessBerkshire Hathaway returns to the spotlight as Buffett cautions against speculationThe Apex TimesBusinessNetflix’s next earnings date lands on Oct. 20, with investors bracing for steadier growthThe Apex TimesBusinessGreg Abel’s first months as Berkshire Hathaway CEO highlight a consumer-heavy slice of the portfolioThe Apex TimesBusinessJPMorgan Starts Coverage of Savara With Overweight Call, Citing 146% UpsideThe Apex TimesBusinessMicrosoft faces scrutiny tied to PERM green card suspension as investigators review H-1B practicesThe Apex TimesBusinessPepsiCo cuts its earnings outlook, renewing questions about how much downside the dividend can offsetThe Apex TimesBusinessAMD shares retreat after a record close, as market attention turns to OpenAI’s widening revenue gapThe Apex TimesBusinessAlphabet’s Google Cloud growth rate jumps, and investors are rethinking how much capex the segment can supportThe Apex TimesBusinessNovaGold Shares Sink 55% Since March, With Morgan Stanley Raising a Bullish 104% Upside CallThe Apex TimesBusinessA 1961 Omaha investment plan that quietly turned into a nine-figure fortune, according to a recent reportThe Apex TimesBusinessScotiabank trims targets for AT&T, citing competition fears tied to SpaceX and talk of AI disruptionThe Apex TimesBusinessHilton marketing executive Mark Weinstein joins Target as chief marketing and guest experience officerThe Apex TimesBusinessBerkshire Hathaway returns to the spotlight as Buffett cautions against speculationThe Apex TimesBusinessNetflix’s next earnings date lands on Oct. 20, with investors bracing for steadier growthThe Apex TimesBusinessGreg Abel’s first months as Berkshire Hathaway CEO highlight a consumer-heavy slice of the portfolioThe Apex TimesBusinessJPMorgan Starts Coverage of Savara With Overweight Call, Citing 146% UpsideThe Apex TimesBusinessMicrosoft faces scrutiny tied to PERM green card suspension as investigators review H-1B practicesThe Apex TimesBusinessPepsiCo cuts its earnings outlook, renewing questions about how much downside the dividend can offsetThe Apex TimesBusinessAMD shares retreat after a record close, as market attention turns to OpenAI’s widening revenue gapThe Apex TimesBusinessAlphabet’s Google Cloud growth rate jumps, and investors are rethinking how much capex the segment can supportThe Apex TimesBusinessNovaGold Shares Sink 55% Since March, With Morgan Stanley Raising a Bullish 104% Upside CallThe Apex TimesBusinessA 1961 Omaha investment plan that quietly turned into a nine-figure fortune, according to a recent reportThe Apex Times
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Ross Gerber says Tesla’s Roadster production run could be only “a few hundred,” calling “hovering” a gimmick
The Apex Times

THE APEX TIMES

Business/The Apex Times/Oct 11, 12:47 PM EDT

Ross Gerber says Tesla’s Roadster production run could be only “a few hundred,” calling “hovering” a gimmick

In comments reported by Yahoo Finance, investor Ross Gerber suggested Tesla’s next Roadster would likely be produced in very limited quantities, and he dismissed the idea that a hover-style feature would matter commercially.

Tesla’s long-awaited Roadster, originally teased with a prototype display nearly a decade ago, remains a moving target for both buyers and skeptics. The vehicle has repeatedly generated attention not just because of its performance ambitions, but because it has stayed largely out of reach as a product that could be widely purchased.

In an exclusive interview reported by Yahoo Finance, investor Ross Gerber said Tesla may produce only a small number of Roadsters, describing the potential run size as likely “a few hundred.” His remarks frame the Roadster as a niche, prestige-oriented project rather than a mass-market program.

Gerber also commented on a concept tied to the Roadster narrative, characterizing “hovering” as a gimmick. While the comments do not provide technical detail about how any such feature would work, they indicate his skepticism about the importance of that capability in driving real-world adoption or value.

The Roadster discussion matters for Tesla because the company’s most transformative products are often judged not only on specs, but on how quickly and at what scale the company can turn concept cars into deliverable vehicles. A limited run would imply that any impact on Tesla’s near-term vehicle volumes and revenue would be small, even if the project is commercially and strategically meaningful in other ways.

Roadster-related expectations have also influenced investor narratives around Tesla’s engineering direction, including how ambitious or unconventional features might translate into production. If Gerber’s view of scale is accurate, the Roadster would function more like a halo product, designed to reinforce brand and technological credibility than to move large unit numbers.

As with many industry interviews, several specifics are not clarified in the reported discussion. The comments do not lay out a confirmed production timetable, pricing, contract structure, or whether the “hovering” concept is a final design element or simply an idea referenced in public conversations. Tesla also does not appear in the reported post with any official, granular production guidance tied to Gerber’s estimates.

For investors and industry watchers, the key question now is whether Tesla will eventually put concrete production and product-definition details behind the Roadster story. Until there are official disclosures, market participants will likely continue to anchor expectations to statements and interpretations from investors and industry commentators like Gerber.

The next practical checkpoint is whether Tesla, through a formal vehicle announcement, regulatory filing, or investor communication, provides a clearer roadmap for Roadster production volume and which featured technologies will reach end-customer delivery.

Why It Matters

  • If Roadster output is in the hundreds, the vehicle’s direct contribution to Tesla’s total deliveries and financial results would likely be limited.
  • A “halo” positioning would shift how the market values the Roadster, toward brand and technology indicating rather than volume growth.
  • Skepticism about unconventional features like hovering could affect buyer expectations and the perceived commercial relevance of design concepts.

Sources

Key Facts

  • Ross Gerber told Yahoo Finance that Tesla may make only “a few hundred” Roadsters.
  • Gerber described “hovering” as a gimmick.
  • The Roadster has been an elusive product since a prototype was shown by Elon Musk nearly a decade ago.
  • Tesla is identified in the report via its stock listing on NASDAQ, ticker TSLA (NASDAQ:TSLA).

Autos & Transport Related

Oct 10, 12:17 PM EDT
The Apex Times

General Motors shares rise in October even as it winds down Silverado 1500 production in Canada

GM stock has gained about 7% in October, according to a market snapshot cited by Yahoo Finance, even as the company moves to end production of the Silverado 1500 in Canada. Wall Street targets featured in the same roundup imply upside over the next several years, but details about timing and broader capacity shifts were not provided in the post.

General Motors shares rise in October even as it winds down Silverado 1500 production in Canada
The Apex Times