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Focused shot capturing Elon Musk alongside the Tesla logo, symbolizing innovation, technology, and entrepreneurship. Ideal for business, tech, and leadership content. Taken on 10 July 2025
January 29, 2026 2:11 AM 3 min read

Ross Gerber Calls It An 'End Of An Era,' While Gary Black, Gene Munster Stay Bullish On Tesla

by Badar Shaikh Benzinga Staff Writer
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Multiple analysts have weighed in on Tesla Inc.'s (NASDAQ:TSLA) fourth-quarter earnings call, sharing their insights on various factors related to the Elon Musk-led automaker.

Gary Black Paints Mixed Picture

In a post on the social media platform X on Wednesday, Gary Black of The Future Fund LLC shared his insights on the earnings. The investor outlined that he expects Tesla shares to "rise by 2-3%" once the markets open following the earnings call.

Ross Gerber Says Its The End Of An Era

Meanwhile, Ross Gerber, co-founder of Gerber Kawasaki, also shared his views on the earnings, calling it the "end of an era" for Tesla as the company announced a shift towards autonomous vehicles.

He also shared that Tesla's transition from manufacturing electric vehicles to a "transportation as a service," as well as the humanoid robots revenue model, would require "some time and a ton of money."

Gene Munster Says Robotaxis Progressing Well

"FSD is making more progress than people realize," Munster said, adding that the system had made a "remarkable improvement" over the past six-month period. Munster also added that Tesla’s decision to offer FSD subscriptions only would take auto margins down to 16%.

On Robotaxis, the investor shared that Tesla's confidence in the FSD system has led to the company announcing Robotaxi expansion into multiple cities this year. Munster shared that market estimates indicate a 7% increase in deliveries for Tesla this year, though the automaker did not reveal any details about deliveries.

"My sense is that it's gonna be flat-ish. As long as it's flat, it's gonna be positive." He also shared that Tesla was focusing on higher volume models, which was a positive for Tesla.

According to Benzinga Edge Rankings, Tesla scores well on the Momentum metric and offers a favorable price trend in the Long term.

Price Action: TSLA jumped 2.01% to $440.13 during Overnight trading on Wednesday.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Photo courtesy: Mijansk786 on Shutterstock.com

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


Posted In:
Analyst ColorEquitiesMarketsTechelectric vehiclesElon MuskFSDGary BlackGene MunstermobilityRoss Gerber
TSLA Logo
TSLATesla Inc
$439.741.92%
Overview

"$20B CapExp (and related margin pressures) is clearly a negative, as is discontinuation of TSLA's profitable S/X models," the investor said. However, he also outlined that "favorable comments" from the Tesla management about the Robotaxi efforts, as well as factors like the Optimus timelines and "strong 4Q EV auto gross margins," remain positive factors.

Investor Gene Munster of DeepWater Management centered his take around the automaker's autonomous and Robotaxi exploits. "When companies take away and give metrics, it’s a read in terms of their confidence with the metric," Munster said, talking about Tesla sharing the active Full Self-Driving (FSD) subscription figure, in a video he shared on X.

TSLA Logo
TSLATesla Inc
$439.741.92%
Overview
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