Tesla, Inc. (NASDAQ:TSLA) investor Ross Gerber took to social media platform X, formerly Twitter, to crib about rising energy prices.
What Happened: Gas prices in Los Angeles saw a big jump this weekend, said Gerber, president and CEO at Gerber Kawasaki Wealth & Investment Management, in a post on Sunday. He noted that prices have risen from $5 a gallon a few months back to $6.50 a gallon.
“Paying $130 to fill up a tank,” the fund manager said.
Gerber’s comments come amid a sharp rise in the prices of energy products such as crude oil, gasoline, and natural gas. The recent spike is in response to supply concerns triggered by ...