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Zenger
Zenger
Business
Shanthi Rexaline

Elon Musk Says Demand For Tesla Vehicles Remains Robust But Flags One Thing That Could Stop It

A billboard welcoming the American electric car maker Tesla is seen in Monterrey, state of Nuevo Leon, Mexico, on March 12, 2023. - Monterrey has positioned itself as one of the cities with the highest economic investment in different areas, with billionaire Elon Musk recently confirming his Tesla company's plans to build a new electric car factory in the city. JULIO CESAR AGUILAR/BENZINGA

After Tesla, Inc. cut vehicle prices this week, fund manager Ross Gerber expressed displeasure over the electric vehicle maker’s resistance to advertising on Twitter. In response, several users — including Tesla and Twitter CEO Elon Musk — chimed in. 

“I don’t understand the resistance to advertising when it seems they [Tesla] can create new demand by lowering prices,” Gerber tweeted on Friday. “At some point maybe the public would enjoy all the videos Tesla makes.” 

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