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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.
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indy100- Independent broke the news in on Tuesday, March 18, 2025.
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