Bill Gross, the co-founder of PIMCO and renowned bond-market investor, has labeled Tesla as a 'meme stock.' Gross highlighted that Tesla is exhibiting characteristics typical of meme stocks, such as sagging fundamentals and sharp price movements. He pointed out that Tesla has surged 43.6% since June 24, marking a 10-day winning streak. Gross also compared Tesla to other well-known meme stocks like GameStop, Zapp, and Chewy, noting that many of these stocks are subject to pump-and-dump schemes. Gross's comments have sparked discussions among investors regarding the sustainability of Tesla's recent price action. Additionally, it was noted that Gross is short on Tesla.