Tesla Investor Demands Musk’s Resignation: Is the Brand Beyond Repair?
Early Tesla investor Ross Gerber advocates for Elon Musk’s resignation as CEO, citing his divided attention between Tesla and his new government role advising Donald Trump. Gerber claims Tesla’s business has been neglected, resulting in plummeting sales and a significant drop in market value exceeding $800 billion. He attributes this to Musk’s spread-thin focus, exacerbated by negative publicity from his social media activity and government position. Gerber argues that Musk must either fully dedicate himself to Tesla or appoint a new CEO to address the company’s crisis.
John Q. Hosedrinker