Investor Brad Gerstner bought notable first-quarter underperformers Tesla and Alphabet on the dip

Altimeter Capital’s Brad Gerstner is betting on some of the first quarter’s biggest technology underperformers, revealing fresh Alphabet and Tesla stakes during an interview with C NBC’s “Halftime Report” on Wednesday. Both Alphabet and Tesla have lagged most of their “Magnificent 7” peers year to date as they grapple with a slew of company-specific headwinds. Alphabet is up 7%, while Tesla’s slumped 27%. By comparison, both Nvidia and Meta Platforms have surged 82% and 39%, respectively. GOOGL YTD mountain Alphabet shares in 2024 The underperformance at Alphabet has stemmed from a slew of AI missteps, including flaws that forced the…