Ross Gerber, president and CEO of Gerber Kawasaki Wealth and Investment Management, says he doesn't see the point of buying the new versions of the cheaper Tesla models. He speaks with Vonnie Quinn on "Bloomberg Open Interest." Tesla unveiled cheaper versions of the Model 3 and Model Y vehicles. The standard Model 3 sedan will start at $36,990 and the Model Y SUV will start at $39,990.

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