Keith Fitz-Gerald, CIO at Fitz-Gerald Group, shared his views on CNBC about Tesla's (TSLA, Financial) recent stock sell-off, expressing his frustration but maintaining confidence in the company's long-term potential. He highlighted Tesla's advancements in Full Self-Driving (FSD) and autonomous technology as key reasons for his optimism. Fitz-Gerald emphasized the transformative impact Tesla has on the world, suggesting that despite current market challenges, the company's innovations remain significant.
He advised ignoring the short-term market fluctuations and focusing on the broader vision of Tesla, especially when Elon Musk's influence is set aside. Fitz-Gerald expressed his intention to hold onto Tesla shares, hoping to benefit from the company's growth when the sell-off concludes.
