Tesla investor calls for Elon Musk to step down as boss
- Ross Gerber, an early Tesla investor, calls for Elon Musk to resign from his CEO position, stating that Musk has harmed Tesla's brand by his political actions and role in government.
- Tesla's share price has dropped over 50% from more than $483 to approximately $225 in three months, impacting investor confidence.
- Gerber predicts continued stock decline unless Tesla can boost sales, as short sellers have profited $16.2 billion since December.
- Vivian Jenna Wilson, Musk's daughter, distances herself from him, criticizing his behavior and expressing independence since 2020.
90 Articles
90 Articles
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Elon Musk urged to step down as Tesla CEO
Calls are mounting for Elon Musk to step down as Tesla CEO, as concern grows over the company’s rapid decline and the tech billionaire’s recent behaviour, as well as his involvement with Doge. But, are these calls justified, or is it just more scaremongering? In a dramatic all-hands meeting on Thursday night, March 20, the billionaire CEO tried to calm nerves inside Tesla as the company’s stock… Source
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