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Tesla investor calls for Elon Musk to step down as boss (news.sky.com)

submitted 21 hours ago by [email protected] to c/[email protected]

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Summary

A major early Tesla investor, Ross Gerber, has called for Elon Musk to step down as CEO unless he abandons his role in Trump's DOGE.

In an interview with Sky News, Gerber declared Tesla is "absolutely in crisis," citing neglect of the business while Musk pursues widening interests.

Tesla's market value has plunged over $800 billion since December amid slumping demand, Chinese competition, potential trade war impacts, and controversy surrounding Musk's government role.

Gerber claims Musk's divisiveness has "destroyed" Tesla's reputation despite having "the best product in the marketplace."

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[–] [email protected] 35 points 16 hours ago

Then he'd be a quitter! Elon, don't listen to this guy, don't be a quitter. You can have the best of both worlds, destroying the US and your EV company. You don't have to choose, I believe in you, buddy.