Ross Gerber warns Tesla’s stock compensation may hurt shareholder value by increasing shares outstanding.

Investor Ross Gerber warned Tesla shareholders that the company's widespread use of stock-based compensation could dilute share value and reduce long-term returns, comparing it to Meta’s $23.6 billion buyback to offset similar dilution. He stressed that while such pay is a real financial cost, it increases shares outstanding and diminishes ownership stakes, urging investors to consider these hidden impacts on shareholder value.