Part 2/5:
The discussion kicks off with Gerber's recent bearish stance on Tesla stock. Having claimed that the stock would crash by 50% in 2025, he has already noted a 31% decline. However, Brian questions whether such a prediction is genuinely prescient or merely speculation. He points out that calling for a significant drop like that over a 365-day period could be seen as throwing darts at a wall rather than making informed predictions.
Brian acknowledges that the stock could indeed fall, mentioning their own predictions of it potentially reaching $175, indicating that unexpected downturns are always a possibility in the stock market. However, he emphasizes that Gerber’s past predictions have often missed the mark, raising eyebrows about the reliability of his current forecasts.