Investor Ross Gerber thinks Tesla Inc. (NASDAQ:TSLA) investors have reason to be excited by the upcoming Space Exploration Technologies Corp. (NASDAQ:SPCX) earnings call scheduled to take place following market close on Tuesday.
Tesla Investors Get Elon Twice a Quarter
Gerber took to X on Monday, saying that he was sure that investors of the EV giant were “excited for the spaceX earnings call” as they would “get Elon twice a quarter now.” Gerber then concluded his post by saying that “abundance” was “around the corner.”
Read Also: Elon Musk Says Zohran Mamdani Is a 'Thief' and a 'Liar' Over City-Owned Grocery Stores: 'AI & Robots Will Actually Deliver' Free Goods and Services
I'm sure tesla investors are excited for the spaceX earnings call. They get Elon twice a quarter now… abundance is around the corner… $SPCX $TSLA
— Ross Gerber (@GerberKawasaki) August 3, 2026
The investor had earlier suggested that Tesla could sell off its robots and AI businesses to SpaceX and focus solely on electric vehicles, which still remains a major source of revenue for the company. His comments came as reports emerged of Tesla mulling a sale of its Chinese arm to pave the way for a merger with SpaceX, which CEO Elon Musk has denied.
Gerber also criticized Tesla’s Full Self-Driving (FSD) system, sharing that the technology “almost” caused an accident twice during the same ride after his Tesla vehicle abruptly braked when an emergency vehicle was passing it by with its sirens turned on.
Elon Musk Sees SPCX Opportunity
While investors wait for SpaceX’s earnings, the commercial space flight company’s stock has declined sharply and is trading well below its IPO price of $135/share. SpaceX’s stock declined approximately 52% from its lifetime high of $225/share, prompting wealth manager Charlie Bilello to comment that the company was in for a “reality check.”
This is going to be an insane opportunity in retrospect $SPCX pic.twitter.com/itm74cWeSm
— Gali (@Gfilche) August 3, 2026
However, Musk is confident about a rebound for SpaceX. On Monday, user @gfilche posted a screenshot of SpaceX’s stock movement since its IPO. The user called it an “insane opportunity” for people to buy the stock. Musk, responding to the user, agreed with his take. “I think so,” the billionaire said in his post.
I think so
— Elon Musk (@elonmusk) August 3, 2026
Price Action: SpaceX shares surged 1.11% to $115.80 during overnight trading on Monday. At market close, SPCX was trading at $114.53 per share.
Read Also: Ahead of SpaceX Earnings, Jeffries Says Investors Avoiding SPCX Over Governance Are Missing the Bigger Picture
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Image via Shutterstock