Economics

718 readers

115 users here now

founded 2 years ago

414

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

submitted 3 weeks ago by [email protected] to c/[email protected]

25 comments fedilink hide all child comments

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."

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 9 points 3 weeks ago

Tesla has always been destined to go bankrupt, it's kinda one of the things Tesla was known for.